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Current Market News & Review – Week Ending Oct 07, 2022

Posted by Daniel Iuculano on October 08, 2022 - 11:15am


Current Market News & Review – Week Ending Oct 07, 2022

 

Current

Prior

As of date

Trend

Dow Jones Index

29,296.79

28,725.51

Oct 07 2022

Down

Nasdaq Index

10,652.41

10,575.62

Oct 07 2022

Up

S&P 500 Index

3,639.66

3,585.62

Oct 07 2022

Up

Wilshire 5000 Index

36,419.87

35,836.92

Oct 07 2022

Up

Market Volatility Index

31.36

31.62

Oct 07 2022

Down

Inflation

8.56

8.52

Aug  2022

Up

Savings I Bonds

9.62 %

7.12 %

Effective end of Oct 2022

Up

Savings EE Bonds

0.10 %

0.10 %

Effective end of Oct 2022

Unchanged

Nat'l Avg. 1 yr. CD

2.92 %

2.80 %

Oct 07 2022

Up

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 19,507.28

$ 19,342.93

Oct 08 2022

Up

Ethereum - ETH

$   1,328.28

$   1,330.65

Oct 08 2022

Down

Week Ending Oct 07, 2022

Strange week, significant downward trend towards the end of the week, yet all four indices climbed from previous week as noted above. VIX (fear index) flat for the week and the annual yield on bank CD’s increased to 2.92 % for the national average.

 Index SPY - YTD increased to -22.69 %, one year at -16.01 %, three years at 9.12 % and five year annualize return is standing at 9.23 %.

 

Otto Knotzer thanks for sharing and a happy weekend
October 9, 2022 at 7:40am