Week Of: July 22, 2013

klaasfinancial.com

• After the S&P 500 closed at 1695.53 on Monday, an all-time high, it ended the week at -0.03%, falling for the first time in five weeks.

• Info tech and health care were the best performing sectors for the week, while consumer staples and industrials performed the worst for the week.

• After a 16 month high, oil was down -3.2% to $104.7 a barrel for the week.

• For June, new single family home sales rose 8.3% to a 497,000 annual rate while new orders for durable goods increased 4.2%.

• Gold gained 0.3% to $1,333.16 a troy ounce for the week.

• High-yield bond market had another strong week with a positive flow of $3.3 billion, the second largest on record.

• US initial jobless claims came in at 343,000 for the week.

• For the week ending 7/26/13, the S&P 500 fell -0.03% closing at 1691.65. The MSCI EAFE Index gained 0.31% closing at 1738.76 and the MSCI EM Index rose 1.16% to end the week at 961.53.