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...

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...

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...

Weekly Market Update

Global Market News Global equities make gains Global equities made gains this week amid generally upbeat earnings, though trading was choppy given sticky inflation readings. The S&P 500 rose 2.67% while the Dow Jones increased 0.67% and the Nasdaq climbed 4.23%....

Weekly Market Update

Global Market News Global equities Global equities continued their downturn this week amid hot US inflation data and fears of a wider war in the Middle East. The S&P 500 lost 1.56% while the Dow Jones dropped 2.37% and the Nasdaq decreased 0.45%. The US 10-year...

Weekly Market Update

Global Market News Global equities decline Global equities declined this week. The S&P 500 lost 0.95% while the Dow Jones dropped 2.27% and the Nasdaq decreased 0.80%. The US 10-year Treasury note surged nearly 20 bps on the week, closing Friday at 4.40%. The...