To start out this article, here is a recap of major market indices.
The market was down all across the board this past week. The Dow Jones Industrial Average started the week off at 18,136.73 and plummeted to finish the week at 17,712.66. The S&P 500 started off at 2,107.99 on Monday, but ended the week at 2,061.22. The NASDAQ ended the week at 4,890.99 after starting Monday off at 5,020.60. On Friday the VIX was at 15.07.
The major SPDR sectors were also down this past week. XLY (Consumer Discretionary) decreased by 2.42% to end the week at 74.91. XLP (Consumer Staples) fared the best this week but was still down 0.47% to end Friday at 48.71. XLE (Energy) also fared decently well, only dropping 0.66% to end the week off at 76.40. XLF (Financial) plummeted 3.16% this past week to end Friday at 23.93. XLV (Health Care) had a bad week as it fell 2.48% to finish off Friday at 73.04. XLI (Industrials) dropped 2.75% to end at 55.55 on Friday. XLB (Materials) lost 1.26% and ended the week at 48.61. XLK (Technology) suffered a 2.75% decline to end the week at 41.37. Finally, XLU (Utilities) finished the week at 43.88, down 2.45% on the week.
Major Foreign Exchange Rates:
- USD/EUR: 0.918
- USD/JPY: 119.23
- USD/CNY: 6.21
- USD/DEM: 1.80
Major Commodities
- Gold: $1,199.80/troy ounce
- Oil (light crude): $48.87/barrel
- Silver: $17.07/troy ounce
- Platinum: $1,143.60/troy ounce
- Corn: $3.91/bushel
- Sugar: $0.1674/pound
Here are some upcoming earnings reports (via NASDAQ):
- Monsanto Company (MON)
- Wednesday, April 1 AM
- Estimated EPS: $2.96
- CarMax Inc. (KMX)
- Thursday, April 2 AM
- Estimated EPS: $0.6
- Micron Technology, Inc. (MU)
- Thursday, April 2 PM
- Estimated EPS: $0.8