2014-06-14 Weekend Market Update (Equities Snap A Three Week Winning Streak)
Weekend Market Update
Equities Snap A Three Week Winning Streak
Concerns in Iraq sent U.S. stocks lower and oil prices higher this week. The Dow Jones Industrial Average (DJIA) was the worst of the major U.S. indices, falling 0.88%. The Nsadaq-100 (NDX) and the S&P 500 (SPX) dropped 0.50% and 0.68%, respectively. Volatility spiked on Middle East instability as the spot Volatility Index (VIX) rose 13.51%. This was the best weekly performance since early April.