September 24, 2017 The Week Ahead
The S&P 500 & Dow Jones Industrial Averages closed the week positive. The shining star was small caps, as the Russell 2000 gained more than 1%. However, we did see weakness in some tech names, forcing the Nasdaq to close the week 1% lower.
Shares of AAPL -5%, AMZN -3.21%, FB -0.64, and TSLA -7.56% all finished lower.
Despite the sell off in some high profile tech names, the VIX is not worried. The “fear index” closed at 9.60 on Friday.
Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.10%, iShares Russell 2000 (IWM) +1.33%, SPDR Dow Jones Industrials Average ETF (DIA) +0.34%, and PowerShares QQQ ETF (QQQ) -1.19%
Below you’ll find what is else is on the schedule for the week:
25 Sep 2017- New Home Sales 8:30 AM ET; Janet Yellen Speech 11:50 AM ET
27 Sep 2017- Durable Goods Orders 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
28 Sep 2017- GDP 8:30 AM ET; International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET
29 Sep 2017- Personal Income 8:30 AM ET
25 Sep 2017- ASNA, RHT, SNX
26 Sep 2017- FDS, INFO, MU, NKE
27 Sep 2017- JBL, PIR, THO
28 Sep 2017- BBRY, CAG, MKC, RAD, CAMP, KBH, CMD
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