Weekly Market Recap

Weekly Market Recap – February 7, 2020

In the Markets
The bearish trend experienced by US equity markets in recent weeks was a short lived one, as the major indices soared on positive news. The Dow Jones grew by 3%, the S&P 500 gained 3.2%, and the NASDAQ climbed 4%. Positive sentiment came in many forms, including …

Weekly Market Recap – January 31st, 2020

In the Markets
The outbreak of the coronavirus continued to be the main catalyst driving movement in both equities and commodities, as the pathogen brought with it another week of bearish performance. U.S. stocks posted their worst week since October 2019, with the NASDAQ losing 1.8%, the S&P 500 …

Weekly Market Recap – January 24th, 2020

In the Markets
With U.S. markets closed Monday in memory of civil rights leader Martin Luther King Jr., Equity indices came into the shortened trading week feeling under the weather as a new strain of the coronavirus originating in Wuhan, China spread to Seattle and Chicago, prompting fears of a potential …

Weekly Market Recap – January 17th, 2020

In the Markets
U.S. equity markets continued to soar on the back of positive earnings reports, economic data, and trade news, sending the major indices flying once again to new highs. The Dow Jones Industrial Average climbed 1.5%, the NASDAQ rose 2.3%, and the S&P 500 gained 2.0%. The …

Weekly Market Recap – January 10th, 2020

In the Markets
The first full trading week of 2020 saw U.S. equities beginning the decade reaching new all-time highs. The S&P 500 grew 0.9%, the Dow Jones Industrial Average gained 0.7%, while the NASDAQ led the way advancing 1.8%. These gains occurred in spite of the developments in the …

Weekly Market Recap – January 3rd, 2020

In the Markets
Marking the transition from 2019 to 2020, the week began with extended bullish sentiments in equity markets. Through Thursday’s close, the S&P 500 gained 0.55%, in part because of China’s announcement of plans to cut the reserve requirement ratio by 50 basis points on January 6th. …

Weekly Market Recap – December 27th, 2019

As 2019 comes to a close, Robbins Trading Company is excited to announce the 37th annual World Cup Trading Championships. The 2020 competition begins on January 1st, 2020 and runs through December 31st 2020.

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In the Markets
Some of the biggest news for US …

Weekly Market Recap – December 20th, 2019

As 2019 comes to a close, Robbins Trading Company is excited to announce the 37th annual World Cup Trading Championships. The 2020 competition begins on January 1st, 2020 and runs through December 31st 2020.

Enter Now!

In the Markets
With just a week left in an …

Weekly Market Recap – December 13th, 2019

As 2019 comes to a close, Robbins Trading Company is excited to announce the 37th annual World Cup Trading Championships. The 2020 competition begins on January 1st, 2020 and runs through December 31st 2020.

Enter Now!

In the Markets
US equities again extended their run, reaching …

Weekly Market Recap – December 6th, 2019

In the Markets
To start the week the S&P 500 was on a downward trend, losing 1.52% through Tuesday’s close. The rest of the week, however, the S&P 500 gained 1.7%, including a 0.91% gain on Friday thanks to a bullish November employment report. In total, the S&P 500 …

Weekly Market Recap – November 29th, 2019

In the Markets
With market hours shorted by a day and a half for Thanksgiving week, investors had yet another bullish week in U.S. Equity markets to be thankful for. Through Wednesday, U.S. stocks had once again pushed towards new all-time highs, as the S&P gained 1.39% through the close …

Weekly Market Recap – November 22nd, 2019

In the Markets
U.S. equities broke their six-week streak of gains, declining on the week, albeit by a small decline. The Dow Jones Industrial Average lost 0.5%, the S&P 500 fell 0.3%, and the NASDAQ lost 0.2%. Due to the muted nature of these losses, volatility again remained low …

Weekly Market Recap – November 15th, 2019

In the Markets
“U.S. stocks reach a new high” has been a reoccurring headline in equity markets, and this most recent week was no different. U.S. stocks climbed for the sixth week in a row, which is the longest streak in the last two years. The NASDAQ gained …

Weekly Market Recap – November 8th, 2019

In the Markets
US equities finished higher for the fifth straight week as the S&P 500 gained 0.9%, the NASDAQ climbed 1.1%, and the Dow Jones Industrial Average rose 1.2% as the stock market again set new record highs on the week. This growth was spurred on by a mixture …

Weekly Market Recap – November 1st, 2019

In the Markets
The U.S. equity markets continued wearing their bull costumes during the Halloween week as stocks set record highs. The Dow Jones gained 1.4%, the NASDAQ climbed 1.7%, and the S&P 500 added 1.5%. The catalyst for this growth came in many forms, including the expected …

Weekly Market Recap – October 25th, 2019

In the Markets
Third quarter earnings reports continued to impress investors as results proved better than expected. The Dow Jones had the smallest gain of the three main U.S. indices, up 0.7%, while the NASDAQ gained 1.9% and the S&P 500 neared all-time-highs again, gaining 1.2%. Focus this week …

Weekly Market Recap – October 18th, 2019

In the Markets
The major equity indices collectively fell close to flat on the week, as the S&P 500 continues to flirt with its high, just 1% shy of its high reached earlier in the year. The S&P 500 was up 0.5% on the week, while the NASDAQ gained 0.4% …

Weekly Market Recap – October 11th, 2019

In the Markets
The week began with yet another batch of perceived bad news on the trade front, with 28 additional Chinese companies blacklisted. This bars U.S. companies without a specific license from doing business with any entities listed. The development sent the S&P 500 down 2% through Tuesday’s …

Weekly Market Recap – October 4th, 2019

In the Markets
The S&P 500 ended a volatile week losing 0.33%. The major moves began with bearish economic data in the form of the Institute for Supply Management (ISM) September report. The report’s Manufacturing Index dropped to its worst point since June 2009, falling to 47.8% from August’s …

Weekly Market Recap – September 27th, 2019

In the Markets
U.S. equities fell on the week with two main catalysts driving the decline. First, on Tuesday, House Democrats announced an impeachment inquiry into President Trump. There is a slim chance that the impeachment inquiry will lead to an eventual removal of President Trump before the 2020 …

Weekly Market Recap – September 20th, 2019

In the Markets
The Fed elected to cut short-term interest rates in their Wednesday meeting, lowering it by 25 basis points (bp). Despite the move, equity markets ended their three week streak of gains, with the prevailing market sentiment already anticipating the rate cut. The Dow Jones fell 1%, …

Weekly Market Recap – September 13th, 2019

In the Markets
U.S. equity indices posted gains for the third week in a row in response to positive sentiments surrounding global trade. President Trump announced a delay to the tariff rate increase on $250 billion of Chinese imports from an October 1st scheduled date to October 15th, providing an …

Weekly Market Recap – September 6th, 2019

In the Markets
Equity markets experienced its second straight week of gains following recent corrections. Last week’s rumors cemented themselves as concrete news as China agreed to meet in Washington in October for trade negotiations and Hong Kong leadership withdrew its extradition bill. Economic data was mixed on the week allowing …

Weekly Market Recap – August 30th, 2019

In the Markets
Going into Monday’s open, worries surrounded President Trump’s response to Chinese retaliatory tariffs when he called for an increase in tariff rates on $525 billion worth of imports. These worries were short-lived, however, as reports referencing communication between China and U.S. negotiators mentioning a restart of trade talks …