by The BlackSummit Team | Jun 15, 2024 | Weekly Market Update
Global Equities are Mixed Global equities were mixed this week. The S&P 500 gained 1.69% while the Dow Jones fell -0.5%, and the Nasdaq increased 3.54%. The US 10-year Treasury note declined over the week, closing at 4.22%. Meanwhile, the price of a barrel of West...
by The BlackSummit Team | Jun 8, 2024 | Weekly Market Update
Global Equities Make Gains Global equities made gains this week, closing Friday right below the record highs set earlier in the week. The S&P 500 and Dow Jones gained 1.32% and 0.29% respectively, while the Nasdaq increased 2.38%. The US 10-year Treasury note...
by The BlackSummit Team | Jun 1, 2024 | Weekly Market Update
Global Equities Decline Global equities declined on the week. The S&P 500 lost 0.51% while the Dow Jones dropped 0.98%. Likewise, the Nasdaq decreased 1.10%. The US 10-year Treasury note increased slightly to 4.50%. Meanwhile, the price of a barrel of West Texas...
by The BlackSummit Team | May 18, 2024 | Uncategorized, Weekly Market Update
Global Equities Gain Global equities made gains again this week as reports of a mild slowdown in US inflation was reported. The S&P 500 rose 1.54% while the Dow Jones surpassed the 40,000 mark for the first time, rising 1.24% on the week. Likewise, the Nasdaq...
by The BlackSummit Team | May 11, 2024 | Uncategorized, Weekly Market Update
The BlackSummit Team Global Equities Gain Global equities made gains this week. The S&P 500 rose 1.85% while the Dow Jones and Nasdaq increased 2.16% and 1.14%, respectively. The US 10-year Treasury note held steady at 4.50% while the price of a barrel of West...
by The BlackSummit Team | May 4, 2024 | Weekly Market Update
Global Market News Global Equities Global equities made gains this week as fears of a rate hike subsided and US payrolls came in softer-than-expected. The S&P 500 rose 0.55% while the Dow Jones and Nasdaq increased 1.14% and 1.43%, respectively. The US 10-year...