Market Week: July 20, 2015

Closed Thread
Thread Tools
  #1  
Old 07-20-2015, 04:46 PM
Certified Financial Group Certified Financial Group is offline
Senior Member
Join Date: Jan 2014
Posts: 199
Thanks: 0
Thanked 0 Times in 0 Posts
Default Market Week: July 20, 2015

The Market
As of market close July 17, 2015 - Following a week of losses, the market rebounded in a big way for the week ended July 17. News of a tentative agreement between Greece and its creditors seemed to quell investor concerns of a Grexit. Moves by the Chinese government have stopped a stretch of sell-offs, temporarily stabilizing the economy. All in all, technology-heavy Nasdaq was the best performer, followed by the S&P 500. Possibly in response to the presumption that Iran will flood the oil market as a result of relaxed economic sanctions emanating from the nuclear agreement, crude oil was back down near $50 a barrel at $50.89. Conversely, the national average retail regular gasoline price increased to $2.834 per gallon on July 13, 2015, $0.041 above the prior week's price but $0.801 below a year ago. Gold closed the week at $1,132.30 per ounce--its lowest price in five years.

Read the rest of the story.
Closed Thread

Tags
market, week, july, price, agreement, oil, conversely, regular, gasoline, $50.89, retail, average, national, emanating, sanctions, economic, nuclear, crude, $50, increased, back, barrel, $0.041, ounce--its, lowest


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 01:17 AM.