Techs and financials led the S&P 500 down for the week's final session. But 7 of the 10 sectors were up as news continues to be mixed. China and the Ukraine remain on investor's minds. Not to mention Crimea where the vote there is set for early next week. Evidence that insiders are more bearish than they've been in years also clouded the market for many. All this just a week after the index closed at a record high closing today at 1841.
Over in the commodities bin the inflation-fear indicators, gold and silver, finish up for the week with gold 3% higher and silver up 2.3% while crude oil backed off 3.6% and copper fell 4.2%, most likely owing to China worries. Gold gained traction for the 5th straight session. Natural gas backed off 4.2%.
Stocks in the EU fell for the 3rd day and UK equities suffered worst performance since late 2011.
So besides the Crimea vote several other things are on tap for next week. But perhaps none is more interesting than Fed Chairwoman Janet Yellen's first FOMC meeting. Here's one observer's take on that.
http://www.marketwatch.com/story/bill-gross-fed-to-reassure-market-on-zero-rate-policy-2014-03-13
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