Key Takeaways
- Market is moving in line with our outlook
- Strong trend quality is supporting strategic positive outlook
- New allocation in our ETF Model Portfolios
Market Review |
U.S. stocks finished the week with gains and with two major indexes posting new record highs. Closing at a record of 39,131.53, the Dow Jones Industrial Average rose 1.3% for the week. The S&P 500 booked a weekly gain of 1.7% and closed at 5,088.80. Earlier Friday, the broad market index broke above 5,100 for the first time. The Nasdaq recorded a weekly gain of 1.4% and finished at 15,996.82, notching a fresh 52-week high earlier in the session. All key S&P sectors finished higher, led by the staples sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.8. Read MoreYou are currently viewing a placeholder content from X. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
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