2014-03-15 Weekend Market Update (Stocks Pullback 2% From All-Time Highs)
Posted on March 15th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2014-03-15 Weekend Market Update (Stocks Pullback 2% From All-Time Highs)
Weekend Market Update
Stocks Pullback 2% From All-Time Highs
Equities dropped four out of the five trading days this week to move back into negative territory for the year. The S&P 500 (SPX) and the Nasdaq-100 (NDX) fell 1.97% and 2.04%, respectively. The Dow Jones Industrial Average (DJIA) was the worst performer of the three major indices, sliding 2.35% this week. Volatility rallied to early February levels as the spot Volatility Index (VIX) added 26.29%.
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