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Market 360: The Week's Best & Worst
Published:
Thursday, 2 Jul 2009 | 4:53 PM ET
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For the first week of the second half of the year, all major US indices finished in the red, led by the S&P 500, down 2.45% for the week.
Since March Lows: The NASDAQ Composite is up 41.61% from its March lows, followed by the S&P, up 32.50%, and the Dow with a gain of 26.48%.
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Sector Impact:
- Ten out of ten sectors closed the week in negative territory, led by Financials, Materials, and Industrial companies.
- AIG was the biggest percent loser in the S&P 500, down 37.50% for the week.
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- Rumors abound that Oprah will leave her show to start a new network. What would this mean for daytime TV?
- A private equity specialist sponsored a stand-up comedy troupe in New York to prove that CEOs can, in fact, be funny.
- Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
- Did Hideki Matsui’s performance make it more likely that the Yankees will pay to have him back?
- Which wines should you bring—or serve—with holiday meals this year? Ask a connoisseur.
- Two competitors in this year’s World Series of Poker in Las Vegas have stories fit for Hollywood.
Data is a real-time snapshot *Data is delayed at least 15 minutes