By the Numbers

Quick Market Stats: Week Ending 1/23


Following a Historic-Presidential Inauguration, marked by heighten volatility in the markets, all major US indices finish the week in negative territory.  The NASDAQ led the losses for the week with a drop of 3.40%, followed by the Dow, down 2.46%, and the S&P 500, with a loss of 2.14%.  A modest rally in commodity prices on Friday, with Gold jumping over 6% to its highest level in over three months, gave a boost to basic material stocks.  Among the S&P 500 sectors, Financials had the biggest percent drop, down 7.06% for the week.  

Dow Components

Top % Gainers for the week:
-JPMorgan (JPM), up 6.40%
-International Business Machine (IBM), up 5.38%
-AT&T (T), up 2.39%
Top % Losers for the week:
-General Electric (GE), down 13.83%
-Bank of America (BAC), down 13.09%
-Microsoft (MSFT), down 12.73%

Eight out of ten S&P 500 sectors were negative for the week.  The Telecom and Energy sectors had gains of 3.13% and 0.84% for the week respectively.

S&P 500

Top % Gainers for the week:
-KeyCorp (Key), up 20.76%
-Morgan Stanley, up 20.01%
-Comerica (CMA), up 18.92%
Top % Losers for the week:
-State Street (STT), down 46.63%
-Fifth Third Bancorp, down 46.41%
-AFLAC (AFL), down 38.47%

Crude oil for March delivery rose 9.16% this week, to settle at $46.47. Cocoa was among the top commodities this week, jumping 8.40%, while Gold and Silver rose 6.66% and 6.46% respectively.

The pound sterling hit an intraday low of $1.3505 versus the greenback on Friday, its lowest level since September 1985.  The US dollar also rose a six-week high against the euro, as weak economic data in the UK and euro zone prompted investors to seek refuge in the dollar.  The Japanese yen also gained versus pound sterling and euro, trading up over 9% and 4% respectively for the week.   

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