2014-03-08 Weekend Market Update (Equities Shrug Off Ukraine To Reach New Highs)
Posted on March 8th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2014-03-08 Weekend Market Update (Equities Shrug Off Ukraine To Reach New Highs)
Weekend Market Update
Equities Shrug Off Ukraine To Reach New Highs
Despite the near 1% decline on Monday due to the Ukraine crisis, U.S. stocks were able to make new highs throughout the week. The S&P 500 (SPX) closed at an all-time high of 1878.04 on Friday, up 1.00% on the week. The Dow Jones Industrial Average (DJIA) and the Nasdaq-100 (NDX) added 0.80% and 0.20%, respectively. Volatility (VIX) finished nears the lows of the week, but still eked out a 0.79% gain in the spot Volatility Index.
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