Posted in company, funds, sectors, tickers

Volatility Index

On Friday the Volatility Index (VIX) rose 3.5% or $0.48 to $15.70, or ending the five-day streak up 9.72%. The Dow Utilities, Amex Composite, S&P Consumer Discretionary, S&P GSCI Idex also advanced for the day.

For the week, the S&P 500 index closed down 0.98% to 2,065.30, the Dow Jones Industrial Average dropped 1% to 17,773.64, and the Nasdaq Composite index slid 2.43% to 4,775.36.

Expedia Inc (EXPE) raced 8.21% to $8.78 to close at $115.77 after the online travel services agency posted better-than-expected revenue though net loss widened from the previous quarter.

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