However, in 2010 the weakness came early, a 3-week market correction of 7.9% beginning January 19 and ending February 8.
The worst week in market history was the second week of October in 2008, in which the Dow plunged 18.2%.
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Reports say the Diwali festival in India has kept Indian gold buyers out of the market this week, which has added to the downside price pressure in the gold market this week.
Survey participants who see higher prices next week said given the hefty losses the gold market has experienced over the past trading week, the market could see a small rebound on the ideas prices had fallen too far, too fast.
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But this week the market rallied sharply, the Dow up 3.2% for the week, reflecting mounting confidence that politicians are coming to their senses and will succeed in hammering out a compromise that will either resolve the fiscal cliff threat, or more probably succeed in kicking it down the road to next summer.
Good morning, this is Sayoko Murase with the Week Ahead Market Report for February 21, 2012.
Good morning, this is Kristin Bianco with the Week Ahead Market Report for November 5, 2012.
Looking toward next week, market watchers said Chinese data will help to set the tone early.
Last week the market held its 200 day around 1113-1115 for almost 5 days.
Good morning, this is Kristin Bianco with the Week Ahead Market Report for February 13, 2012.
Last week the market digested well, consolidating gains we have seen since the November 16th reversal.
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Good morning, this is Kristin Bianco with the Week Ahead Market Report for Monday January 30, 2012.
Good morning this is the Week Ahead Market Report for October 1, 2012.
Good morning, this is the Week Ahead Market Report for November 12, 2012.
Last week the market cap of Qualcomm ( QCOM) edged past that of Intel ( INTC) making it the most valuable semiconductor company on the planet.
With the first quarter earnings reporting period pretty much winding down next week the market will soon not have that distraction impeding its normal focus on economic reports.
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State Conservative Party Chairman Michael Long, influential with Senate Republicans, said last week that market forces should determine wages so employers aren't stuck with political mandates that sap commerce.
All the activity moved markets up Monday, but analysts are busy at the start of the week forecasting market movement after the Fed stops its QE2 bond-buying program in just over a fortnight.
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Otherwise, he seems relaxed, neither tired nor daunted by the week that lies ahead of him, with fashion week, the amfAR gala and market week for retailers all coming at the same time.
And it did so again this time to a degree that a positive market reaction is far from assured, although the jumps in the XLE, XLF and XLB Sector SPDRs this week were market-leading.
The stock market continued to push higher again last week as more market skeptics gave up on their bearish stance.
The market should take a brief hiatus this week as many market participants will be attending the American Securitization Forum conference in Las Vegas.
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Last week's market turbulence and technical glitches have overshadowed an important regulatory change that kicks in this week.
With a lack of market-moving fundamental news this week, precious metals market watchers are focusing on the outside markets.
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With a lack of major, market-moving fundamental news this week, precious metals market watchers are focusing more on the outside markets.
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With the lack of fresh, market-moving fundamental news this week, precious metals market watchers are focusing more on the outside markets.
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Among some of the events the market will watch next week is the Federal Open Market Committee meeting on Tuesday.
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It was another incredible week for the stock market, as the grinding decline during Thanksgiving week discouraged many investors (but apparently not shoppers).
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As I noted last week, the market was quite overbought, so a correction was likely.
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