2013-08-03-Weekend Market Update
Posted on August 3rd, by Mitchell Warren in Weekend Market Updates. Comments Off on 2013-08-03-Weekend Market Update
Weekend Market Update
The Bull Market Carries On
Equities across the board pushed to new all-time highs this week, following last week’s consolidation. The Dow Jones Industrial Average added 0.64% and the S&P 500 picked up 1.07%. While the Nasdaq 100 led the major U.S. indices with a 2.19% rise. Conversely, volatility was crushed this week as the spot Volatility Index (VIX) closed under the 12 level for the first time since March.
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