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By Staff Reporters
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Today the Earth is the closest it can get to the sun, a point in orbit known as perihelion, which happens every year two weeks after the December solstice.
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SPONSOR: http://www.MarcinkoAssociates.com
Here’s where the major benchmarks ended:
- The S&P 500® index (SPX) was down 38.02 points (0.8%) at 4,704.81; the Dow Jones Industrial Average® (DJI) was down 284.85 points (0.8%) at 37,430.19; the NASDAQ Composite was down 173.73 points (1.2%) at 14,592.21.
- The 10-year Treasury note yield (TNX) was down about 3 basis points at 3.91%.
- The CBOE® Volatility Index (VIX) was up 0.84 at 14.04.
In addition to tech shares, retailers and banks were also among the market’s weakest performers Wednesday. Small-cap stocks were also under pressure with the Russell 2000® Index (RUT) down about 2.7% to a three-week low. Energy shares strengthened behind a jump of nearly 4% in crude oil futures.
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Filed under: Alternative Investments, Financial Planning, Funding Basics, Glossary Terms, Investing, Touring with Marcinko | Tagged: banks, december solstice, DJIA, energy, inflation, Marcinko, markets, metals, NASDAQ, oil, orbit, perihelion, real-estate, Russell Index 2000, RUT, S&P 500, solstice, stock markets, TNX, utilities, VIX | Leave a comment »
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