The major averages were on a four-day losing streak going into Friday before a tick lower in oil prices and stable yields gave a hand up.
The major averages were on a four-day losing streak going into Friday before a tick lower in oil prices and stable yields gave a hand up.
The major averages snapped their four-day losing streak after a warm CPI report seemed to ink in a rate hike at next week's FOMC meeting, taking away some of the uncertainty surrounding the Fed's next move.
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.
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| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 26333.04 | 251.31 | 0.96% | 13.3% |
| DJ UTILITIES | 1068.55 | -4.52 | -0.42% | 0.04% |
| DJ TRANSPORT | 20628.27 | 65.6 | 0.32% | 18.85% |
| DJ INDUSTRIALS | 52573.29 | 509.19 | 0.98% | 9.38% |
| NYSE COMPOSITE | 24331.56 | 190.92 | 0.79% | 10.58% |
| S & P 100 INDEX | 3803.99 | 31.6 | 0.84% | 10.83% |
| RUSSELL 2000 | 2903.94 | 12.99 | 0.45% | 17% |
| S&P 500 | 7656.98 | 65.28 | 0.86% | 11.85% |
| CBOE MKT VOLATILITY | 15.84 | -2 | -11.21% | 5.95% |
| AMEX COMPOSITE | 8622.08 | -42.48 | -0.49% | 25.56% |
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