Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week. The S&P 500 and Dow Jones closed up 2.58% and 1.25%, respectively, while the Nasdaq gained 3.25%. The US 10-year Treasury ticked up slightly to 3.76% while the price of a barrel of...

Weekly Market Update

The BlackSummit Team | June 10, 2023 Global Market News Global equities make gainsGlobal equities made slight gains this week. The S&P 500 and Dow Jones closed up 0.39% and 0.34%, respectively, while the Nasdaq gained 0.14%. The US 10-year Treasury yield...

Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week as Republicans and Democrats came to an agreement to raise the US debt ceiling, staving off default. The S&P 500 and Dow Jones closed up 1.83% and 2.02%, respectively, while the...

Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week, despite the US debt ceiling issue remaining unresolved. The S&P 500 and Dow Jones closed up 1.65% and 0.38%, respectively, while the Nasdaq gained 3.04%. The US 10-year Treasury...

Weekly Market Update

The BlackSummit Team | May 13, 2023 Global equities fall Global equities fell on the week. The S&P 500 and Dow Jones closed down 0.29% and 1.11%, respectively, while the Nasdaq gained 0.40%. The US 10-year Treasury yield ticked up a few basis points,...

Weekly Market Update

Global Market News Global equities tumble Global equities were down on the week as banking concerns and fear over a US default mounted. The S&P 500 and Dow Jones closed down 0.80% and 1.24%, respectively, while the Nasdaq gained 0.10%. The US 10-year Treasury...