This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

NASDAQ Weekly Market Pulse

Stocks in this article: NDAQ

Stocks post modest gains in the week ahead of today's Fed Meeting

ADVISORY, June 19, 2013 (GLOBE NEWSWIRE) -- Despite increased volatility, U.S. stocks moved higher over the past week as investors anticipated that Fed "tapering" may not be as immediate as once feared. The rally was well-distributed as all 10 major sectors were up at least 1.2% in the five trading days ending June 18. Industrials, up 2.06%, led the pack and Consumer Discretionary, up 1.98%, was lifted by strength in housing. The PHLX HOUSING SECTOR INDEX (HGX) rose 4.8% during this time period.

"Heightened focus on U.S. Federal Reserve policy has been the driving force behind larger price swings in recent weeks. The move higher in equities over the past 5 days suggests that investors were becoming more comfortable with the idea that the Fed will eventually need to withdraw stimulus, but not as soon as once feared," said Dave Gedeon, Managing Director, NASDAQ OMX Global Indexes.

TOP WEEKLY INDEX GAINERS
TOP 5 EQUITY INDEXES: 6/18/13
PHLX HOUSING SECTOR INDEX (HGX) +4.8%
PHLX SEMICONDUCTOR INDEX (SOX) +3.6%
NASDAQ EM EUROPE INDEX (NQEMEU) +3.1%
PHLX DEFENSE SECTOR INDEX (DFX) +3.0%
NASDAQ OMX CEA SMARTPHONE INDEX (QFON) +2.2%
   
TOP 5 COMMODITY INDEXES: 6/18/13
NASDAQ COMMODITY NATURAL GAS INDEX ER (NQCINGER) +4.9%
NASDAQ COMMODITY ENERGY INDEX ER (NQCIENER) +3.3%
NASDAQ COMMODITY CRUDE OIL INDEX ER (NQCICLER) +3.2%
NASDAQ COMMODITY BRENT CRUDE INDEX ER (NQCICBER) +3.0%
PHLX OIL SERVICE SECTOR INDEX (OSX) +2.7%

OTHER NOTABLE INDEX DEVELOPMENTS THIS WEEK

  • NASDAQ OMX will make changes to a number of its indexes effective prior to the open of trading on Monday, June 24, including the NASDAQ Q-50 INDEX (NXTQ), the NASDAQ INTERNET INDEX (QNET) and the NASDAQ OMX GLOBAL WATER INDEX (GRNWATUSL). For more information, visit https://indexes.nasdaqomx.com/ .  
  • Initial Jobless Claims and Continuing Claims data will be released Thursday as the market looks for confirmation of the recent optimism generated by other U.S. Economic data. So far this year, the U.S. large-cap NASDAQ US 300 INDEX (NQUSL300) is up 16.6%.  
  • Recent weakness in bonds has focused on higher interest rates and rate-sensitive sectors like utilities may be in play. Year-to-date the PHLX UTILITY SECTOR INDEX (UTY) has risen 8.4%.

The NASDAQ Weekly Market Pulse was first published on www.nasdaq.com

CONTACT: MEDIA CONTACTS:
         Nick Lawler
         Intermarket Communications
         (212) 754-5613
         nlawler@intermarket.com
         
         Chauntez Wilson
         Intermarket Communications
         (212) 754-5415
         cwilson@intermarket.com
         
         Wayne Lee
         NASDAQ OMX
         (301) 978-4875
         Wayne.d.lee@nasdaqomx.com

company logo

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs