Financial Slow Report

Lively Anna
07-20

The S&P 500 Index closed down 39.59 points, a decrease of 0.71%, finishing at 5505.00 points. Since reaching an all-time closing high of 5667.20 points on July 16, it has experienced three consecutive days of pullback, totaling a drop of 1.97% for the week. The Dow Jones Industrial Average fell by 377.49 points, or 0.93%, closing at 40287.53 points. It has pulled back from historical closing highs for two straight days, with a cumulative decline exceeding 910 points, representing a drop of over 2.20%, while gaining 0.72% this week. The NASDAQ Composite Index decreased by 144.28 points, or 0.81%, ending at 17726.94 points, reflecting a 4.94% retreat since its all-time closing high on July 10, with an overall weekly decline of 3.65%. The NASDAQ 100 Index fell by 182.47 points, or 0.93%, to close at 19522.62 points, accumulating a decrease of 3.98% for the week. The NASDAQ Technology Weighted Index dropped 1.25%, closing at 1676.8215 points, and registering a weekly decline of 5.83%. The NASDAQ Biotechnology Index dipped by 0.10%, closing at 4776.27 points, with a cumulative weekly decrease of 0.69%. The Russell 2000 Index closed down 0.63% at 2184.35 points but experienced an overall weekly gain of 1.68%. The Philadelphia Semiconductor Index fell by 3.11%, closing at 5267.16 points, reflecting a weekly decrease of 8.80%. The KBW Bank Index on the Philadelphia Stock Exchange fell by 0.15%, finishing at 112.36 points and showing a weekly gain of 3.29%. The Dow Jones KBW Regional Banking Index rose by 0.26%, closing at 112.83 points, with a cumulative weekly increase of 8.02%. The CBOE Volatility Index (VIX) increased by 3.70%, closing at 16.52, and has seen a significant weekly rise of 32.58%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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