Market Slightly Up For The Week, Gains Supported By Strength in Large-Cap Tech

Key Takeaways

  • The S&P 500 closed at 4,538.43 down from last week 4,697.96. The VIX settled at $30.51 but got above $35 in intraday activity. The sell-off was mitigated by positive Omicron news at end of trading day.
  • Markets experienced on a serious sell-off on one of the lowest liquidity days of the year while most folks were with family. They went up Monday, took another strong dip Tuesday following Powell’s Senate testimony. Wednesday down, Thursday up.
It has been a wild week,...

Key Takeaways

  • The S&P 500 closed at 4,538.43 down from last week 4,697.96. The VIX settled at $30.51 but got above $35 in intraday activity. The sell-off was mitigated by positive Omicron news at end of trading day.
  • Markets experienced on a serious sell-off on one of the lowest liquidity days of the year while most folks were with family. They went up Monday, took another strong dip Tuesday following Powell’s Senate testimony. Wednesday down, Thursday up.
It has been a wild week,...
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