Market Action Last week stocks experienced one of their most tumultuous periods of the past decade highlighted by extreme moves in both directions. This included the worst-ever Christmas Eve performance […]

Market Action Global equities fell sharply on the week and the Nasdaq Composite Index dropped into bear territory (20% decline from recent highs). In fact, year-to-date performance for the all-world […]

Market Action US equities fell along with global stocks on Friday, rounding out a week of volatile trading as investors waded through trade dispute developments and other geopolitical events. Yields […]

Market Action Global equities declined on the week amid increasing concerns over global growth and lingering trade tensions. The yield on the US 10-year Treasury note slumped nearly 14 basis […]

Market Action Global equities closed mostly higher for the week, with US equities showing the greatest increase at about 5% on the week. (The S&P 500 Index recorded its best […]

Market Action Global equities closed mostly lower for the week amid continued concerns over slowing global economic growth and the chaotic Brexit process playing out between the United Kingdom and […]

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% […]

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 […]

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 – […]

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 […]