by The BlackSummit Team | Jun 3, 2023 | 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...
by The BlackSummit Team | May 20, 2023 | 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...
by The BlackSummit Team | May 13, 2023 | 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,...
by The BlackSummit Team | May 6, 2023 | 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...
by The BlackSummit Team | Apr 29, 2023 | Weekly Market Update
Global Market News Global equities slightly positive Global equities made small gains on the week. The S&P 500 and Dow Jones closed up 0.87% and 0.86%, respectively, while the Nasdaq gained 1.28%. The US 10-year Treasury yield dropped 13 basis points to end the...
by The BlackSummit Team | Apr 23, 2023 | Weekly Market Update
Global Market News Global equities unchanged Global equities were relatively unchanged on the week, dropping only slightly. The S&P 500 and Dow Jones closed down 0.10% and 0.23%, respectively, while the Nasdaq declined 0.42%. The US 10-year Treasury yield rose a...