Too Close To Call: Dow Jumps 160 Points, Finishes Week Up 0.3% as Opec, Deutsche Bank Roil Markets

A wild week--and month--finished with little damage done to stocks. The S&P 500 ticked up 0.2% this week after rising 0.8% to 2,168.27 today, while the Dow Jones Industrial Average advanced 0.3% this week after gaining 164.70 points, or 0.9%, to 18,308.15. The Nasdaq Composite rose 0.1% this week after advancing 0.8% to 5,312.00 today. This week was all about sectors bets. The S&P 500 Energy sector rose 4.6% this week on the back of Opec's agreement --one that still needs to be enacted--to limit the production of oil. The S&P 500 Financial sector dropped 1.4% as it was whipsawed by fears about Deutsche Bank ( DB ). Utilities tumbled 3.9% as investors stayed away from yield sensitive sectors on hopes/fears of a December rate hike . And the S&P 500 Health Care sector fell 1.4% because drug pricing is still a target for politicians everywhere . Speaking of politics, UBS strategist Julian Emanuel argues that uncertainty around the presidential election will lead to more volatility for the stock market:
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