Stock Market Weekly update -Mar 8
The indexes were down again last week, with the Small-caps and DOW being the hardest hit, as Oil spiked, as we got really weak Jobs numbers, and as Interest Rates moved up! The VIX also surged higher, as the Iran conflict continues! NFLX was up again last week, as was INTU and other software stocks like CRM & ADBE ! Semis dropped for a 2nd week. Oil spiked to over $90, while Gold was down slightly. Private credit concerns continue as well, with Blackrock in the headlines last week. Dow falls 450 points, posts worst week in nearly a year as oil tops $90, jobs data disappoints U.S. Loses 92,000 Jobs in Widespread and Unexpected Downturn Small-caps dropped last week, after chopping sideways for several weeks. The week ahead: CPI, PPI, and others! 9th week of Earnings -ORCL, ADBE Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -up move to 4.13% The Dollar - up move to 98.85 Gold - dropped to $5171 Oil - spiked up t...