In the first week of 2016, the U.S. Stock market was down significantly. The Dow Jones Industrial Average ( DJIA ) lost 1,079 points. The S&P 500 Index lost 121 points. The NASDAQ lost 346 points.
The same data on a percentage basis is as follows. The DJIA was down 6.2%. The S&P 500 Index was down 5.92%. The NASDAQ was down 6.92 %.
The market price for a barrel of oil is approaching a level where it drops below the $ 30.00/barrel level.
Hedge funds are selling stocks to pay individuals who are closing their accounts.
Markets in China have stopped trading twice since 2016 started.
There is a saying that goes like this. As the first week of January goes, so goes the month of January. As January goes, so goes the year.
This website will update the U.S. Stock markets with short articles like this throughout the year of 2016.
R. Van Conoley