2013-08-10-Weekend Market Update
Weekend Market Update
Equities snapped a six week winning streak on summertime low volume, led by the Dow Jones Industrial Average’s (DJIA) 1.49% weekly loss. The Nasdaq 100 (NDX) gave back 0.79% and the S&P 500 (SPX) dropped 1.07%. Volatility came back into the market due the lighter than average volume. The spot Volatility Index (VIX) bounced off of the 12 support level, rising 11.94% to end the week.