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Week in Review The Week's Big Story Isn't in Wall Street's Losses

After an "impressive" May jobs report, the Dow Jones Industrial Average (INDEXDJX:. DJI ) ended its third consecutive week on a down-note, losing 56.12 points (-0.31%) on Friday while the S&P 500 (INDEXSP: .INX ) also fell for the third consecutive week, dropping 3.01 points (0.14%) on the day. On the week, the Dow lost 161 points or 0.9% to 17,849.46 while the S&P 500 fell 15 points or 0.7% to 2092.83. For the year, the Dow has gained a mere 26 points, far less than 1%, while the S&P 500 has climbed by 33 points or only 1.6%. The NASDAQ Composite (INDEXNASDAQ: .IXIC) has done much better, ending the week basically flat at 5068.46; it is now up about 7% on the year as social media, biotech and tech stocks continue to rise. But the week's biggest story isn't on the big indexes... Tags: Dow Jones Industrial Average , Fed , GDP , Interest Rates , S&P 500 , unemployment To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Week in Review The Week's Big Story Isn't in Wall Street's Losses appeared first on Money Morning - We Make Investing Profitable .
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