by The BlackSummit Team | Dec 9, 2023 | Weekly Market Update
Global Market News Global equities cool Global equities cooled this week after a strong US jobs report pushed back the expected timeline on when the Federal Reserve would begin cutting rates. The Dow Jones and S&P 500 increased 0.01% and 0.21%, respectively, while...
by The BlackSummit Team | Dec 2, 2023 | 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...
by The BlackSummit Team | Nov 18, 2023 | 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...
by The BlackSummit Team | Nov 4, 2023 | 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...
by The BlackSummit Team | Oct 28, 2023 | 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...
by The BlackSummit Team | Oct 21, 2023 | 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...