Weekly Market Update

By: Joel Charalambakis | On: June 27, 2014 |

Weekly Market Update

 Data out of the US was mild at best this week. Regardless the Dow and S&P 500 posted small losses while the Nasdaq gained. Q1 GDP was revised down to […]

By: Joel Charalambakis | On: June 20, 2014 |

Weekly Market Update

Market Action Equities in the US returned to posting gains this week despite data that continues to portray a mixed recovery. Fed Chairwoman Yellen indicated a growing consensus in the […]

By: Joel Charalambakis | On: June 13, 2014 |

Weekly Market Update

Market Action  Stocks in the US ended their positive run with a down week. Data such as retail sales and consumer confidence were disappointing relative to expectations. Escalated turmoil in […]

By: The BlackSummit Team | On: June 7, 2014 |

Weekly Market Update

Market Action Equities in the US closed at all time highs as the nation continues a slow but steady recovery. The jobs report published on Friday slightly beat expectations and […]

By: The BlackSummit Team | On: May 31, 2014 |

Weekly Market Update

Market Action US equity markets closed the month of May posting gains. It marks the fourth month in the year that stocks have posted gains. The S&P 500 and Dow […]

By: The BlackSummit Team | On: May 25, 2014 |

Weekly Market Update

Market Action Stock markets in the US posted their first gains in three weeks. The S&P 500 closed at a record high on Friday despite little in the way of […]

By: The BlackSummit Team | On: May 17, 2014 |

Weekly Market Update

Market Action A positive start to equities this week quickly reversed course by the time markets opened on Wednesday. Low US Retail Sales prefaced poor data from China and Australia […]

By: The BlackSummit Team | On: May 9, 2014 |

Weekly Market Update

Market Action Poor international data inspired a downward start this past week. PMI data from China indicated contraction while escalating Ukrainian instability and more punitive sanctions coming from Europe against […]

By: The BlackSummit Team | On: May 4, 2014 |

Weekly Market Update

Market Action Talk of M&A activity early in the week elevated markets as GE’s attempt to acquire Alstom and Pfizer’s bid for AstraZeneca dominated headlines. Stronger than expected data on […]

By: The BlackSummit Team | On: April 25, 2014 |

Weekly Market Update

Market Action Equity markets started the week strong as a supposed agreement to deescalate tensions between Russia and Ukraine cooled risk concerns and paired with strong earnings reports, particularly from […]