10Jul

Retailers Miss Out on S&P Rally

Posted by admin as Stock

US stocks were up for the fourth straight day as the risk on trade returned to the market ahead of Monday’s earnings season kick-off.
At the close on Friday, the S&P 500 was up by 0.1% to 1071.73, which was 4.8% higher on the week.
The Dow Jones Industrial Average was flat at 10143 and rose by 4.7% during the week. The Nasdaq Composite advanced 0.3% to 2180.89, leaving it 4.3% higher on the week. The Vix index, which is a measure of market volatility, fell by 16.2% to 25.23 during the week.
Retail stocks were some of the week’s worst performers.

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