Market Update For Week Ending 1/20/2012

Index	Close	Net Change	% Change	YTD	YTD %
DJIA	12,720.48	+298.42	2.40	+502.92	4.12
NASDAQ	2,786.70	+76.03	2.80	+181.55	6.97
S&P500	1,315.38	+26.29	2.04	+57.78	4.59
Russell 2000	784.62	+20.42	2.67	+43.70	5.90
International	1,472.05	+56.83	4.02	+59.51	4.21
10-year bond	2.03%	+0.18%		+0.16%
30-year T-bond	3.10%	+0.20%		+0.21%

International index is MSCI EAFE index. Bond data reflect net change in yield, not price. Indices are unmanaged and you cannot directly invest in an index.
More market data

Market Wrap
U.S. stocks delivered strong performance in a holiday-abbreviated four-day week as the “January effect” continued to favor the markets. The Dow industrials added 2.40% to their year-to-date performance, the S&P 500 gained 2.04%, and the Russell 2000 jumped 2.67%. Despite a few high-tech disappointments, the Nasdaq fared even better, up 2.80% for the week. Foreign shares rebounded 4.02% in dollar terms, leaving global capital pouring back out of the relative safety of Treasury debt. For more on recent trading activity, please read:
http://www.bloomberg.com

Housing Market Showing Signs Of Life
Sales of U.S. homes improved 5% in December over the previous month as low interest rates and solid economic growth continued to heal the real estate markets. Even foreclosures seem to have plateaued, shrinking the inventory of homes for sale. And with sentiment showing a “dramatic” improvement, economists hope for even better news ahead. For more, please read:
http://money.cnn.com

World Bank Warns Of A Recession For The Euro Zone
A week after Standard & Poor’s cut its credit ratings on many of Europe’s leading economies, the World Bank is now predicting a full-fledged recession on the horizon for the continent. While much of the reporting around this story has focused on the worst-case scenarios, the outlook for the United States in particular still looks reasonable. For more, please read:
http://www.msnbc.msn.com

This entry was posted on Sunday, January 22nd, 2012 at 12:31 AM and is filed under Westside Investment Weekly Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Market Update For Week Ending 1/20/2012

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