Market Action Global equities closed mostly higher for the week, with US equities showing the greatest increase at about 5% on the week. (The S&P 500 Index recorded its best […]

Market Action Global equities closed mostly lower for the week amid continued concerns over slowing global economic growth and the chaotic Brexit process playing out between the United Kingdom and […]

Market Action US equities regained some ground this past week while European and Asian benchmarks closed fairly flat on the week. The US 10-year Treasury note slightly declined to 3.19% […]

Market Action This week global equities clawed back some of the losses posted during a volatile October. Still, the month was one of the worst for equities since the financial […]

Market Action Stock market gains have largely been eliminated for the year, indexes are in correction territory, and several S&P sectors – namely Communication Services, Energy, Financials, and Materials – […]

Market Action At Blacksummit we are monitoring a few important indices in order to observe market momentum and understand possible market patterns and direction. In an effort to comprehend if […]

Market Action Global equities suffered their biggest weekly decline since February, partly because of rising US bond yields. For months, US equities have ignored macro issues such as the deepening […]

Market Action Global equities declined on the week amid rising treasury yields and the Fed’s pursuit of rates that will exceed a neutral stance. The US 10-year Treasury note rose […]

Market Action Asian stocks ended the third quarter on a strong note. Japan’s Nikkei 225 led major indexes in the region with a more than 1% gain, while China’s Shanghai […]

Market Action Global equities extended their recent advance, with the S&P 500 and the Dow Jones Industrial Average both posting record highs on Thursday. Helping to sustain the advance were […]