By the Numbers

US Stocks Rise for Second Consecutive Week

US Stocks rose for the second consecutive week, with the S&P 500 Index and NASDAQ Composite reaching a new high for the year on Thursday, March 11.

What follows is a summary of this week's statistics on the markets.

Equity Metrics This Week

  • 21 of the Dow 30 components finished up for the week, while only 3 companies closed down
  • 325 of the 500 (65%) S&P components finished up for the week, 34% declined, and 1% were unchanged
  • 75 of the NASDAQ 100 components rose, 24 declined, and 1 finished flat for the week, Adobe Systems (ADBE)

Highest Close in 2010

  • The S&P reached a new high for 2010, settling at 1150.24 on 3/11/10, its highest close since 10/1/08
  • The NASDAQ Composite also closed at a new high for the year, settling at 2368.46 on 3/11/10, its highest close since 8/28/2008
  • The Dow is off by -100.74 points, or -0.94% from its highest close of the year (a 15-month high) reached on 1/19 of 10,725.43

S&P 500

Sector Impact:
  Seven out of ten sectors closed the week in positive territory, led to the upside by financial and material stocks.

  • For the second consecutive week, financial stocks were helped by American International Group, up 22%
  • Owens Illinois led the gains in the material sector, up 8% for the week
  • Year-to-date, eight out of ten sectors are trading in positive territory, led to the upside by industrials with a gain of 8.6%, and to the downside by the telecom sector, with a loss of 7.6%

More Weekly Stats Here

Commodity Impact:Crude oil for April delivery was nearly unchanged this week, settling at $81.24 per barrel on Friday, down $0.26 for the week.  Crude is currently down 44.08% from its Nymex record close of $145.29 reached on July 3, 2008.

  • Central Appalachian coal futures were among the best performing commodities this week, rising 2.6%, while sugar futures fell for the fourth consecutive week, down 10.6%

Currencies Impact:  The euro reversed some of its losses against the greenback, surging to a one-month high on Friday, helped by the biggest monthly increase on record for euro zone industrial output for the month of January.

Global Index Performance: 

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