Market Slightly Up For The Week, Gains Supported By Strength in Large-Cap Tech

Key Takeaways

  • The S&P 500 closed at 4,538.43 down from last week 4,697.96. The VIX settled at $30.51 but got above $35 in intraday activity. The sell-off was mitigated by positive Omicron news at end of trading day.
  • Markets experienced on a serious sell-off on one of the lowest liquidity days of the year while most folks were with family. They went up Monday, took another strong dip Tuesday following Powell’s Senate testimony. Wednesday down, Thursday up.
It has been a wild week,...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In