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Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
The S&P 500 has been on a tear in recent months, rising 3.54 points, to 1,923.57 on Friday â its four-month consecutive advance this year. And the Dow industrials jumped 18.43 points, to a new record of 16,717.17 â its fifth highest close in history. No doubt this high road they traversing is rarefied territory for both the S&P 500 and the Dow which, indeed, may prove acrophobic to some investors who canât take the marketâs relentless rise.