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...Weekly Market Update
Global Market News Global equities mixed Global equities were mixed this week as several disappointing tech earnings reports came out. The S&P 500 and Dow Jones closed up 0.69% and 2.08%, respectively, while the Nasdaq closed down 0.57%. The US 10-year Treasury...Weekly Market Update
Global Market News Global equities see losses Global equities were down this week amid a sharp rise in global bond yields. The S&P 500 and Dow Jones closed down 1.15% and 1.93%, respectively, while the Nasdaq lost 0.90%. The US 10-year Treasury jumped several...Weekly Market Update
Global Market News Global equities update Global equities made gains this week amid strong US economic data reports. The S&P 500 and Dow Jones closed up 2.35% and 2.02%, respectively, while the Nasdaq gained 2.19%. The US 10-year Treasury rose several basis points...Sign Up for Our Publications
