Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week. The Dow Jones and S&P 500 increased 2.42% and 0.77%, respectively, while the Nasdaq rose 0.38%. The US 10-year Treasury continued its decline, closing the week at 4.21%. The price...

Weekly Market Update

The BlackSummit Team | November 18, 2023 Global Market News Global equities make gains Global equities made gains this week. The Dow Jones and S&P 500 gained 1.94% and 2.24%, respectively, while the Nasdaq rose 2.37%. The US 10-year Treasury fell several basis...

Weekly Market Update

The BlackSummit Team | November 4, 2023 Global Market News Global equities rebound Global equities made gains this week amid expectations that the Fed has ended its cycle of raising rates. The Dow Jones and S&P 500 gained 5.07% and 5.85%, respectively, while the...

Weekly Market Update

Global Market News Global equities tumble Global equities tumbled this week amid mixed earnings news. The Dow Jones and S&P 500 lost 2.14% and 2.53%, respectively, while the Nasdaq dropped 2.62%. The US 10-year Treasury reached a 16-year high of 5.01% on Monday...

Weekly Market Update

Global Market News Global equities tumble Global equities were lower on the week amid high Treasury yields and increasing concerns that the conflict between Israel and Hamas could expand into a wider regional conflict. The Dow Jones declined 1.61% on the week, while...

Weekly Market Update

Global Market News Global equities recover some losses Global equities recovered some losses from the last several weeks. The Dow Jones rose 0.79% on the week, while the S&P 500 increased by 0.45%. On the other hand, the Nasdaq decreased slightly this week,...