by The BlackSummit Team | Dec 16, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week with several indices rising and the 10-year Treasury note falling as the Fed signaled rate cuts in 2024. The Dow Jones and S&P 500 increased 2.92% and 2.49% on the week,...
by The BlackSummit Team | Dec 9, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities cool Global equities cooled this week after a strong US jobs report pushed back the expected timeline on when the Federal Reserve would begin cutting rates. The Dow Jones and S&P 500 increased 0.01% and 0.21%, respectively, while...
by The BlackSummit Team | Dec 2, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities make gains Global equities made gains this week. The Dow Jones and S&P 500 increased 2.42% and 0.77%, respectively, while the Nasdaq rose 0.38%. The US 10-year Treasury continued its decline, closing the week at 4.21%. The price...
by The BlackSummit Team | Nov 18, 2023 | Uncategorized, Weekly Market Update
The BlackSummit Team | November 18, 2023 Global Market News Global equities make gains Global equities made gains this week. The Dow Jones and S&P 500 gained 1.94% and 2.24%, respectively, while the Nasdaq rose 2.37%. The US 10-year Treasury fell several basis...
by The BlackSummit Team | Nov 4, 2023 | Uncategorized, Weekly Market Update
The BlackSummit Team | November 4, 2023 Global Market News Global equities rebound Global equities made gains this week amid expectations that the Fed has ended its cycle of raising rates. The Dow Jones and S&P 500 gained 5.07% and 5.85%, respectively, while the...
by The BlackSummit Team | Oct 28, 2023 | Uncategorized, Weekly Market Update
Global Market News Global equities tumble Global equities tumbled this week amid mixed earnings news. The Dow Jones and S&P 500 lost 2.14% and 2.53%, respectively, while the Nasdaq dropped 2.62%. The US 10-year Treasury reached a 16-year high of 5.01% on Monday...