Stocks slid into September today as renewed strikes on Iran by the U.S. sent oil prices sharply higher, with yields breaking out on inflation fears.
Stocks slid into September today as renewed strikes on Iran by the U.S. sent oil prices sharply higher, with yields breaking out on inflation fears.
The major averages posted solid gains in August as they navigated ever-changing yields and headline risks associated with the war in the Middle East.
The major averages held their own this week despite rising rates linked to hawkish comments from Fed Chair Kevin Warsh.
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| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 26099.77 | -271.12 | -1.03% | 12.3% |
| DJ UTILITIES | 1072.51 | 9.35 | 0.88% | 0.42% |
| DJ TRANSPORT | 20767.36 | -534.65 | -2.51% | 19.65% |
| DJ INDUSTRIALS | 52766.88 | -419.02 | -0.79% | 9.79% |
| NYSE COMPOSITE | 24349.28 | -112.67 | -0.46% | 10.66% |
| S & P 100 INDEX | 3779.24 | -21.9 | -0.58% | 10.11% |
| RUSSELL 2000 | 2920.13 | -36.32 | -1.23% | 17.66% |
| S&P 500 | 7631.47 | -54.67 | -0.71% | 11.48% |
| CBOE MKT VOLATILITY | 16.34 | 1.42 | 9.52% | 9.3% |
| AMEX COMPOSITE | 8901.23 | 100.08 | 1.14% | 29.63% |
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