Weekly Market Update – March 29, 2013

Domestic stock prices rose this week. Driven by strong U.S. economic data, such as durable goods orders and home prices, the stock market continued its upward momentum despite the volatile situation in Europe. The S&P 500 Index finished at a record high closing of 1,569.19, above its previous all‐time record high closing of 1,565.15 on October 9, 2007. Global markets were mixed for the week. European markets continued to slide despite the attainment of a bailout deal in Cyprus. Emerging markets rebounded from the sharp sell‐off during the previous week.

Treasury prices rose this week. Yields on the benchmark 10‐ year Treasury declined slightly for the week as European markets remained unsettled. The dollar strengthened significantly against the euro as investors sought a safe‐haven in U.S.

Commodity indexes were mixed for the week. Driven by strong U.S. economic data such as durable goods orders and housing prices, energy prices went up while grains and precious metals declined.

MARKET DASHBOARD
Index	Price	Weekly Chg.	% Chg.	YTD % Chg.
S&P 500	1,569.19	12.30	0.8%	10.0%
Dow Industrials	14,578.54	66.51	0.5%	11.3%
Nasdaq Composite	3,267.52	22.52	0.7%	8.2%
Russell 2000	951.54	5.27	0.6%	12.0%
Euro Stoxx Index	293.78	-0.26	-0.1%	5.0%
Shanghai Composite	2,236.30	-87.94	-3.8%	-1.4%
10-Year U.S. Treasury	1.85	-6 bps	NM	1 bps
DJ UBS Commodity Index	137.48	-0.53	-0.4%	-1.1%
Gold	$1,595.87	-$12.61	-0.8%	-4.7%
Crude Oil	$97.17	$3.45	3.7%	4.3%
U.S. Dollar Index	82.97	0.59	0.7%	4.0%
VIX Index	12.68	-0.90	-6.6%	-29.7%
Source: Bloomberg
As of March 29, 2013