The DOW slid 234.33 points or -0.7%, to 32,627.97 on Friday, pressured by Visa and JPMorgan. The S&P 500 dipped -0.1% to 3,913.10, closing off its lowest level of the day when it fell 0.7%. The NASDAQ gained +0.8% to 13,215.24 as investors bought the dip in tech shares which had been putting pressure on the market after continuing to selloff earlier in the week. Facebook gained +4%, while Amazon and Netflix rose about +1.5% each. On a weekly level, The DOW and the S&P 500 lost -0.5% and -0.8%, respectively, this week, breaking their two-week win streak. The NASDAQ also declined -0.8% for the week, posting its fourth negative week in the last five. Crude oil and Bitcoin joined the negative week party with a loss of -6% parking back-to-back weekly losses for the first time since October 2020. Bitcoin lost -3.7% on the week, its first weekly loss in three weeks. The U.S. Dollar and gold were able to post weekly gains of +.07% and +1%, respectively. Key Levels To Next Week: S&P 500 (CME:SP500): 3,723.34 Dow (INDEX:DJI): 30,547.53 NASDAQ (NASDAQ:COMP): 13,620.71 U.S. Dollar (ICE:DX): 90.63 Gold (NYMEX:GC.J21): 1,753.30 Crude Oil (NYMEX:CL.J21): 64.73 Bitcoin (BITCOIN:BITSTAMPUSD): 43,021.00
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.