Best stocks to buy for the week ending Feb. 21, 2014: U.S. stocks slipped last week as markets reacted to a string of disappointing data from housing to manufacturing.
For the week, the Dow Jones Industrial Average dipped 0.3% to close at 16,103.30. The S&P 500 Index lost 0.1% to end at 1,836.25. The Nasdaq tacked on 0.5% to end at 4,263.41.
Although stocks have regained most of the 6% drop that began in mid-January, markets remain volatile, a notable trend in 2014. So far this year, the S&P 500 has recorded nine daily advances or declines of 1% or more - more than twice the amount seen over the first 31 trading days of 2013, according to S&P Capital IQ.
Money Morning continues to help investors navigate market gyrations, sharing the best investing tips and best stocks to buy now. Following is a recap from last week.
Today's Top Story on Money Morning: Stay Ahead of This (Massive) Currency Shift