Major Indexes Last Week
November 2, 2009 (FinancialWire) — The S&P 500 (SPX) - the basis for the iShares S&P Agressive Allocation Fund (NYSE: AOA), the Dow Jones Industrials (INDU) - the basis for the ELEMENTS Dow Jones High Yield Select 10 Total Return Index ETN (NYSE: DOD), the NYSE Composite (NYSE: ^NYA) - the basis for the iShares NYSE Composite Index ETF (NYSE: NYC), and the Nasdaq Composite (NASDAQ: ^IXIC) - the basis for the Fidelity Nasdaq Composite Index Tracking ETF (NASDAQ: ONEQ), all lost ground last week, closing-out the week on Friday with overall declines in approaching the 4% to 6% range, as compared to the previous week’s closing levels. Versus their 50-day rolling averages, as of last week’s close, all four indexes remained in positive territory by slightly over 13% to nearly 23%. In terms of trading volume, activity average daily volumes for the week ranged from about 7.5% to slightly over 14.5% above their respective 50-day rolling average daily volumes.
On the week, The Dow fared better than the other three indexes, losing a total of 2.60% through the week on average daily volume of 6,081,714,000 for the week (versus its 50-day average volume of 5,306,389,992). The S&P lost a total of 4.02% through the week on average daily volume of 6,081,714,000 for the week (versus its 50-day average volume of 5,306,389,992). The NYSE lost a total of 4.63% through the week on average daily volume of 6,081,714,000 for the week (versus its 50-day average volume of 5,306,389,992). The Nasdaq lost a total of 5.08% through the week on average daily volume of 2,476,410,000 for the week (versus its 50-day average volume of 2,303,190,600).
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