2013-12-14 Weekend Market Update (Four Day Losing Streak In The S&P 500)
Weekend Market Update
Four Day Losing Streak In The S&P 500
Equities moved back into negative territory for December on the back of a 1.65% weekly decline in the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA). The Nasdaq 100 (NDX) also struggled this week, giving back 1.37%. The spot Volatility Index (VIX) did just the opposite of the stock market and closed higher on Friday for the fourth consecutive day, soaring 14.29% on the week. On Thursday, the so called “Fear Index” briefly moved above 16.