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The Weekly Wrap: Saturday, January 7, 2006

7 January 2006
Author: site admin Posted under The Markets, Top 20 Stocks

The Fed’s December FOMC minutes were released Tuesday afternoon and implied that several more rate hikes are not guaranteed and that rate hikes may stop sooner rather than later. The S&P 500 shot ahead 20 points that afternoon and was actually up every day this week. Evidently the Market players liked what they heard. Earnings reports will start getting heavy the week after next (week of 1/16/06). Also of note, the indices below have already matched or beaten last years total return.

Markets at a Glance
Index Started Week Ended Week Weekly Change Yearly Change
DJIA 10,717.50 10,959.31 +241.81 (+2.30%) +2.30%
Nasdaq 2205.32 2305.62 +100.30 (+4.500%) +4.50%
S&P 500 1248.29 1285.45 +37.16 (+3.00%) +3.00%
Russell 2000 673.22 699.39 +26.17 (+3.90%) +3.90%


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