by The BlackSummit Team | Mar 25, 2023 | Uncategorized, Weekly Market Update
The BlackSummit Team | March 25, 2023 Global Market News US Equities Rise The S&P 500 was up 1.39% on the week while the Dow Jones closed up 1.18%, with the Nasdaq rising 1.66%. The US 10-year Treasury yield slid to 3.37% while the price of a barrel of West Texas...
by The BlackSummit Team | Mar 18, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities mixed Global equities were mixed this week as banking headlines continued to bring volatility. The S&P 500 was up 1.42% on the week while the Dow Jones closed Friday only a few points lower from last Friday, 0.15%. On the other...
by The BlackSummit Team | Mar 11, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities fall Global equities were down on the week amid hawkish comments from the Fed and turmoil in the financials sector. The S&P 500 and Dow Jones were down 4.54% and 4.43% on the week, respectively, while the Nasdaq fell 4.71%. The...
by The BlackSummit Team | Mar 4, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities rebound Global equities were up on the week in an attempt to rebound from last week’s slump. The S&P 500 and Dow Jones were up 1.90% and 1.75% respectively, while the Nasdaq gained 2.58%. After reaching above 4% midweek,...
by Rachel Poole | Feb 25, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities decline Global equities were lower on the week as investors priced in additional rate hikes from central banks due to stubborn inflation. The S&P 500 and Dow Jones were down 2.67% and 2.99% respectively, while the Nasdaq dropped...
by The BlackSummit Team | Feb 11, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities decline Global equities were lower on the week. The S&P 500 and Dow Jones were down 1.11% and 0.17% respectively, while the Nasdaq dropped 2.41%. The yield on the US 10-year Treasury jumped up several basis points to 3.74%. The...