Weekly Market Update
Market Action Global equities extended their gains this week and the Dow breached 23,000. Over the last week U.S. fund investors rushed into American and emerging market equities: Stock mutual funds and ETFs overall attracted $5.4B in the week ended Oct. 18, while...Weekly Market Update
Market Action The MSCI World benchmark of large and mid-cap stocks reached a new all-time high on Wednesday amid gains in most Asian and European markets. Japan’s Nikkei advanced to its highest level since 1996, and European shares reached four-month highs this week....Weekly Market Update
Market Action Movement regarding the U.S. budget and tax reform helped propel the S&P 500 to an unusual 8 consecutive days of new high closings. On Friday, when the U.S. Department of Labor reported a loss of 33,000 jobs in September (blamed on Hurricanes Harvey...Weekly Market Update
Market Action Spanish authorities have confiscated millions of voting papers in Catalonia and stationed additional police in the region ahead of Sunday’s independence referendum, with the vote declared illegal by Madrid and Spain’s constitutional court....Weekly Market Update
Market Action Major stock indexes rose to records earlier this week, then decreased—closing mostly flat or slightly down for the week—while treasury yields increased, as global tension came back into the forefront with North Korea’s announcement that the country may...Sign Up for Our Publications
