The major market averages finished higher for the week, with the Nasdaq Composite climbing 4.3%, a fourth straight week of gains, while the S&P 500 gained 2.4% and the Dow Jones average ended up 1.8%.

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For the week of January 16th, the S&P 500 declined 0.76% and the Dow Jones declined 2.8% based on weak economic data points and signs of a slowing economy.

The second week of the year showed gains for our major indexes. Weekly performance for the S&P 500 was up 2.67%, the Dow Jones was up 2.00%, and the NASDAQ was up 4.82%.