Nasdaq Finishes Week Of Records On A High Note

The Dow finished the day firmly in the red, landing its fourth loss this week and securing a weekly deficit. Meanwhile, the Nasdaq landed its fourth record finish of the week, while the S&P 500 pulled back to before close, with both indexes scoring weekly wins. Highly anticipated August jobs data was at the forefront of investors' minds today, with dismal results, as non-farm payrolls increased by just 235,000, which is a far cry from Wall Street's expected 720,000. In response, many are speculating over the Fed's bond tapering plans. 

The Dow Jones Average (DJI - 35,369.09) fell 74.7 points or 0.2%. (CRM) led the Dow winners today with a 1.1% gain, while American Express (AXP) landed at the bottom of the list with a 1.7% loss. For the week, the blue-chip index posted a 0.2% loss.

The S&P 500 Index (SPX - 4,535.43) lost 1.5 points or 0.03%, while the Nasdaq Composite (IXIC - 15,363.52) jumped 32.3 points, or 0.2%. For the week, the SPX added 0.6%, while the Nasdaq gained 1.5%.

Lastly, the Cboe Volatility Index (VIX - 16.41) was flat for the day but added 0.1% for the week. 

closing indexes sept 3

nyse and nasdaq sept 3

earnings sept 3

uvol sept  3


Oil futures fell today, while recovery from Hurricane Ida remains slow in the Gulf Coast. Baker Hughes data showed the number of active U.S. oil-drilling rigs dropping by 16 to 394 this week -- the largest weekly drop this year. October-dated crude fell 70 cents, or 1%, to settle at $69.29 a barrel. For the week, the commodity gained 0.8%. 

Gold prices rose to their highest level since mid-June, after today's disappointing jobs report. December-dated gold rose $22.20, or 1.2%, to settle at $1,833.70 an ounce. For the week, gold added 0.8%. 

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