Market Review
U.S. stocks rallied for another week, with all three main benchmarks scoring all-time closing highs. The Dow Jones Industrial Average posted a weekly increase of 1.4% to finish at a record of 36,327.95. The S&P 500 rose 2% for the five days to a record closing of 4,697.53. On Friday the broad index booked its seventh straight positive day and pushed its 2021 gains to 25%. The Nasdaq rallied 3.1% during the week to 15,971.59, a record high as well. In addition, its best weekly performance since early April. Nearly all key S&P sectors ended in positive territory for the week, led by the discretionary sector. Financials and health care were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 16.5 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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