NASDAQ (New York) Market Overview Year: 2012 Week: 13 Week 13 turned out to be pretty volatile which should have caused headache to investors. The week started with all three major indexes growing steadily and robustly, reaching their peaks at the end of Tuesday with NASDAQ Composite (IXIC) growing most rapidly. However, indexes growth slowed down on Wednesday and Dow Jones Industrial Average Index (DJI) reached the negative growth territory in the second part ofthe day, while S&P 500 (INX) was pretty close as well. Only at the end of the day indexes rebounded modestly. Thursday started with U.S. labor market news and Ben Bernanke‟s speech about weak economic growth in U.S., which undercut optimism in the stock market. However, at the end of the day inves tors‟ mood changed after jobs data revision and indexes started growing. Stock prices were maintained throughout Friday with the help of U.S. economic data which showed U.S. consumer spending and sentiment rising. Week ended with all three indexes indicating growth: DowJones Industrial Average Index (DJI) grew by 1.00%, S&P 500 (INX) grew by 0.81% and even though NASDAQ Composite (IXIC) was growing most rapidly during the whole week, the index finished the week growing by only 0.77%. NASDAQ Composite index (IXIC), Dow Jones Industrial Average index (DJI) and S&P 500 index (INX) change during week 13. Source: google.com/financeNASDAQ Composite (IXIC) started the week with 3,067.92 points and finished with 3,091.57 points. The index started week 13 growing robustly and above other 2 major indexes, but slowed down and finished the week with slowest growth, although there is a minor difference in the growth rates among all mentioned indexes. Weekly volume in NASDAQ Composite (IXIC) was 277,001,988,851 USD. The biggest winner of this week is Princeton National Bancorp (PNBC) with its outstanding performanc e, which resulted in 126.38% growth. Tennessee Commerce Bancorp Inc. (TNCC) and Amylin Pharmaceuticals, Inc. (AMLN) showed impressive results as well resulting in 100.00% and 60.82%growth respectively. This week was very unfortunate for Princeton Review Inc. (REVU), Dialogic Inc. (DLGC) and GLG Life Tech Corp (GLGL) that saw their share price decrease by 48.29%, 36.02% and 31.19% respectively.
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Week 13 turned out to be pretty volatile which should have caused headache to investors. The week started
with all three major indexes growing steadily and robustly, reaching their peaks at the end of Tuesday with
NASDAQ Composite (IXIC) growing most rapidly. However, indexes growth slowed down on Wednesday
and Dow Jones Industrial Average Index (DJI) reached the negative growth territory in the second part of the day, while S&P 500 (INX) was pretty close as well. Only at the end of the day indexes rebounded
modestly. Thursday started with U.S. labor market news and Ben Bernanke‟s speech about weak economic
growth in U.S., which undercut optimism in the stock market.
However, at the end of the day investors‟ mood changed after jobs data revision and indexes started
growing. Stock prices were maintained throughout Friday with the help of U.S. economic data which
showed U.S. consumer spending and sentiment rising. Week ended with all three indexes indicating growth:
Dow Jones Industrial Average Index (DJI) grew by 1.00%, S&P 500 (INX) grew by 0.81% and even
though NASDAQ Composite (IXIC) was growing most rapidly during the whole week, the index finished
the week growing by only 0.77%.
NASDAQ Composite index (IXIC), Dow Jones Industrial Average index (DJI) and S&P 500 index (INX) change during week 13. Source:
google.com/finance
NASDAQ Composite (IXIC) started the week with 3,067.92 points and finished with 3,091.57 points. The
index started week 13 growing robustly and above other 2 major indexes, but slowed down and finished the
week with slowest growth, although there is a minor difference in the growth rates among all mentioned
indexes. Weekly volume in NASDAQ Composite (IXIC) was 277,001,988,851 USD.
The biggest winner of this week is Princeton National Bancorp (PNBC) with its outstanding performance,
which resulted in 126.38% growth. Tennessee Commerce Bancorp Inc. (TNCC) and Amylin
Pharmaceuticals, Inc. (AMLN) showed impressive results as well resulting in 100.00% and 60.82%
growth respectively.
This week was very unfortunate for Princeton Review Inc. (REVU), Dialogic Inc. (DLGC) and GLG Life
Tech Corp (GLGL) that saw their share price decrease by 48.29%, 36.02% and 31.19% respectively.