Weekly Market Update

The BlackSummit Team | December 23, 2023 Global Market News Global equities make gains Global equities made modest gains. The Dow Jones and S&P 500 increased 0.22% and 0.75% on the week, respectively, while the Nasdaq rose 1.21%. The US 10-year Treasury note was...

Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week with several indices rising and the 10-year Treasury note falling as the Fed signaled rate cuts in 2024. The Dow Jones and S&P 500 increased 2.92% and 2.49% on the week,...

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...

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...