by The BlackSummit Team | Sep 21, 2024 | Weekly Market Update
Global Market News Global Equities Increase Global equities increased on the week. The Dow Jones and S&P 500 rose 1.62% and 1.36% on the week, respectively, while the Nasdaq gained 1.49%. The US 10-year Treasury note rose slightly to 3.74%, and the price of a...
by The BlackSummit Team | Sep 14, 2024 | Weekly Market Update
Global Equities Increase Global equities increased on the week, partly due to hopes of the Federal Reserve cutting interest rates in its upcoming September meeting. The Dow Jones and S&P 500 rose 2.60% and 4.02% on the week, respectively, while the Nasdaq gained...
by The BlackSummit Team | Sep 7, 2024 | Weekly Market Update
Global Equities Decline Global equities declined on the week as volatility soared. The Dow Jones and S&P 500 dropped 2.93% and 4.25% on the week, respectively, while the Nasdaq lost 5.77%. The US 10-year Treasury note fell to end the week at 3.71%, and the price...
by The BlackSummit Team | Aug 24, 2024 | Weekly Market Update
Global Market News Global Equities Make Gains Global equities made gains this week. The Dow Jones and S&P 500 increased 1.27% and 1.45% on the week, respectively, while the Nasdaq rose 1.40%. The US 10-year Treasury note continued its decline to 3.80%, and the...
by The BlackSummit Team | Aug 17, 2024 | Weekly Market Update
Global Market News Global Equities Make Gains Global equities made significant gains this week amid receding recession fears. The Dow Jones and S&P 500 gained 2.94% and 3.93% on the week, respectively, while the Nasdaq climbed 5.29%. The US 10-year Treasury note...
by The BlackSummit Team | Aug 10, 2024 | Weekly Market Update
Global Market News Global Equities Continue to Decline Global equities were only slightly lower on the week after gaining ground from Monday’s sharp drop following fresh US economic data that calmed fears of a recession. The Dow Jones and S&P 500 lost 0.60%...