Market 360: The Week's Best & Worst

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%.

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.

More Weekly Stats Here

Commodity Impact:

  • Crude oil for August delivery closed at $66.73 per barrel on Thursday, down 3.51% for the week.
  • Prices of US light, sweet crude at the NYMEX are up 98.90% from their lowest close this year of $33.55 reached on February 12.
  • As per the AAA, the national average price of regular gasoline is at $2.629 per gallon, down 36.10% from its record high of $4.114 reached on July 17 last year.

Currencies Impact: The US dollar rose against most major currencies on Thursday, after a disappointing jobs report reignited the greenback's safe-have appeal. The European Central Bank kept interest rates unchanged at a record low of 1%, and reiterated views that the euro-zone economy will likely remain weak for the rest of the year.

Note:Data based on preliminary numbers. May adjust slightly due to settling at close.

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