It looked like investors left to celebrate St. Patrick's Day early, as the market was flat with incredibly low volatility. In fact, the CBOE Volatility Index is at a five-year low. Weak consumer confidence, thanks to rising gas prices, took the wind out of the market early and the week ended on a whimper. After we take a look at the three major indexes, lets jump in and see who today's key movers were.
Gain / Loss | Gain / Loss % | Ending Value | |
---|---|---|---|
Dow Jones Industrial Average |
(20.14) | (0.15%) | 13,232.62 |
Nasdaq | (1.11) | (0.04%) | 3,055.26 |
S&P 500 |
1.57 | 0.11% | 1,404.17 |
Source: Yahoo! Finance.
The three indexes were mixed, largely on flat performances. Of note, the S&P's rise today put the finishing touches on would be its best weekly trading session in 2012, up 2.4%. The Dow was helped on by financial sector component Bank of America
One of the Nasdaq's top performers was biotech Amarin
Speaking of consumers feeling pain at the pump, one potential beneficiary of persistently high oil prices looks to be tanker company Frontline
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