Weekly Market Update
Market Action US equities regained some ground this past week while European and Asian benchmarks closed fairly flat on the week. The US 10-year Treasury note slightly declined to 3.19% while the price of WTI crude oil continued to fall, dropping to $59.91 a barrel...Weekly Market Update
Market Action This week global equities clawed back some of the losses posted during a volatile October. Still, the month was one of the worst for equities since the financial crisis, as markets were affected by concerns over rising interest rates, the slowing Chinese...Weekly Market Update
Market Action Stock market gains have largely been eliminated for the year, indexes are in correction territory, and several S&P sectors – namely Communication Services, Energy, Financials, and Materials – have declined 10-15% in the last three months...Weekly Market Update
Market Action At Blacksummit we are monitoring a few important indices in order to observe market momentum and understand possible market patterns and direction. In an effort to comprehend if we are in the process of a market rotation (e.g. from growth into value)...Weekly Market Update
Market Action Global equities suffered their biggest weekly decline since February, partly because of rising US bond yields. For months, US equities have ignored macro issues such as the deepening US-China trade rift and have advanced despite typically weak seasonal...Sign Up for Our Publications
