2014-07-19 Weekend Market Update (Markets Finish Strong Despite Middle East Concerns)
Posted on July 19th, by Mitchell Warren in Options Risk Management, Weekend Market Updates. Comments Off on 2014-07-19 Weekend Market Update (Markets Finish Strong Despite Middle East Concerns)
Weekend Market Update
Markets Finish Strong Despite Middle East Concerns
Equities finished higher for the tenth consecutive Friday, making up for most of what was lost on Thursday’s MH17 crash in Ukraine. The Nasdaq-100 (NDX) and the Dow Jones Industrial Average (DJIA) rallied 0.90% and 0.92%, respectively. The S&P 500 (SPX) was the laggard of the major U.S. indices, rising 0.54%. Volatility had its best one day performance on Thursday, but the spot Volatility Index (VIX) still finished the week lower by 0.17%.
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