New in 2014, Klaas Financial will now be on WIBA’s Money In Motion radio segment EVERY Thursday morning from 10-10:30am. If you can’t listen live, click HERE to listen to all past episodes!
• The S&P 500, the DJIA, and the NASDAQ continue the positive trend felt for most of the year with the S&P up 1.27%, the DJIA jumped 1.59%, and the NASDAQ up 1.30% when trading closed Friday for the weekend.
• Coming into the last week of the year, the S&P 500 and the DJIA are poised to have their best years since 1997 for the S&P and since 1996 for the DJIA, up about 32% year to date for the S&P and almost 29% for the DJIA.
• Treasury yields continued to rise throughout the week, most notably the 10-year yield up11 basis points to 3.00 and the 30-year 12 basis points to 3.94.
• The week’s strongest sectors were Materials, Telecom, and Info Tech, while the weakest sectors were Utilities, Consumer Staples, and Health Care.
• Gold Futures increased slightly, up 11 points to 1,216 on Friday, while Crude Oil Future held relatively flat only increasing .82, finishing up the four day trading week at 100.14.
• For the week ending 12/27/13, the S&P 500 gained 1.27% closing at 1841.4. The MSCI EAFE Index gained 2.31% closing at 1908 and the MSCI EM Index rose 0.94% to end the week at 997.56.
