By Staff Reporters
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Here is where the major benchmarks ended this week:
- The S&P 500 Index rose 50 points (1.2%) to 4,308.52 and gained 0.5% for the week; the Dow Jones Industrial Average (DJI) was up 288 points (0.87%) at 33,407.58 but was down 0.3% for the week; the NASDAQ Composite was up 211 points (1.6%) at 13,431.34 and gained 1.6% for the week.
- The 10-year Treasury note yield was up eight basis points at 4.788%.
- CBOEs Volatility Index (VIX) fell one point to 17.47.
Energy shares were among the market’s strongest sectors behind a rebound in crude oil futures, though oil prices still ended down more than 8% for the week. Technology and industrial stocks were also strong.
Small-caps joined the upswing as the Russell 2000 Index (RUT) gained over 1% Friday but still ended the week with a loss of nearly 2%.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Funding Basics, Investing, Portfolio Management | Tagged: CBOE, DJIA, DOW, energy, NSDAQ, Russell 2000, S&P 500, S&P index, stocks, VIX |
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