Weekly Market Update

The BlackSummit Team | August 5, 2023 Global Market News Fitch Ratings downgrade causes bond yields to riseOn Tuesday, Fitch Ratings bumped the credit rating of the United States’ debt by one notch, from AAA to AA+, in response to the debt ceiling...

Weekly Market Update

The BlackSummit Team | July 29, 2023 Global Market News Global equities make gainsGlobal equities made gains this week. The S&P 500 and Dow Jones closed up 1.01% and 0.66%, respectively, while the Nasdaq gained 2.02% over the week. The US 10-year Treasury ticked...