Weekly Market Recap – August 11, 2023 The indexes experienced fluctuations, influenced by inflation information and several U.S. banks’ credit rating reductions. Markets made gains at the beginning of the week, but the S&P 500 and NASDAQ experienced declines for the second consecutive week, evident by the market’s close on Friday. Meanwhile, the Dow saw

Weekly Market Recap – August 4, 2023 Major U.S. stock indexes began the week on a weak note, recovered somewhat after Friday’s jobs report, but ultimately closed the day in the red. The Dow registered a weekly decline of about 1%, while the S&P 500 and NASDAQ experienced a weekly loss exceeding 2%. The U.S.

Weekly Market Recap – July 28, 2023 The S&P 500 recorded its third consecutive positive weekly outcome, gaining approximately 1%, while the NASDAQ saw a rise of about 2%. The Dow, on the other hand, enjoyed a remarkable 13-day upward trend until Wednesday, making it the longest positive streak for the index since 1987. However,

Weekly Market Recap – July 21, 2023 As more earnings are released following the end of Q2, both the Dow and the S&P 500 have recorded their second consecutive weekly gains, while the NASDAQ concluded slightly down. By the end of the third week of Q3, 75% of S&P 500 companies had surpassed the quarterly

Weekly Market Recap – July 14, 2023 The major U.S. stock indexes made a recovery of around 2% to 3%, surpassing their previous week’s losses and reaching the highest levels in 15 months. The NASDAQ had its strongest weekly performance in four months, with a gain of over 3%. A report released midweek on U.S.

Weekly Market Recap – July 7, 2023 The major indices struggled to keep the positive stride from the previous week as the S&P 500 and NASDAQ fell roughly 1%, while the Dow Jones stumbled close to 2%. Thursday saw a drop in stocks due to rising fears over a tightening monetary policy, and a brief

Weekly Market Recap – June 30, 2023 The leading U.S. stock indexes bounced back from their losses in the previous week thanks to broadly favorable economic data that pushed the S&P 500, the NASDAQ, and the Dow Jones up by over 2% each. This marked the ninth out of ten recent positive weeks for the

Weekly Market Recap – June 16, 2023 One week following its transition into a bull market, the S&P 500 marked its fifth consecutive week of gains, a feat not achieved since November 2021. The three primary U.S. indices reported weekly increases ranging from approximately 1% to 3%. Furthermore, the S&P 500 and the NASDAQ reached

Weekly Market Recap – June 9, 2023 Ukraine’s biggest dam, which functioned as a water reservoir and a hydroelectric power source, was blown up last week. Former president Donald Trump was indicted on charges related to classified documents that he removed from the white house. U.S. jobless claims leaped to a nearly two-year high of 261,000.

Weekly Market Recap – June 2, 2023 Finally, after weeks of legislative stalemate, bipartisan negotiations on the debt ceiling broke the impasse. They pulled the U.S. back from the brink of an economic disaster that would have also sparked unknown global consequences. At week’s end, President Biden was finally able to sign the bill. Monthly