December 7, 2015 Weekly Market Review from Maier & Associates Financial Group

The first week of December proved quite volatile, with some of the major indexes listed here rallying on Friday to close ahead of the week before. Some of the upward movement from investors may have come in response to another good jobs report and the fact that the economy is stable enough to warrant a likely interest rate increase when the Fed meets later this month. The S&P 500, Dow, and Nasdaq registered marginal gains week-on-week, while the Russell 2000 and the Global Dow lost value. With additional stimulus measures announced by the European Central Bank, it will be interesting to see the effect they have on European stocks in the coming weeks.

The price of gold (COMEX) rebounded after several weeks of trending downward, selling at $1,085.80 by late Friday afternoon compared to $1,056.10 a week earlier. Crude oil (WTI) prices fell, selling at $40.14 per barrel by week's end. The national average retail regular gasoline price decreased to $2.059 per gallon on November 30, 2015, $0.035 below the previous week's price of $2.094 per gallon, and $0.719 below a year ago.

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