Weekly Market Recap

Announcing the 2023 4th Quarter Day Trading Championship

PRESS RELEASE Announcing the 2023 4th Quarter Day Trading Championship [Chicago, IL, September 27, 2023] – The organizers of the esteemed World Cup Trading Championships® are thrilled to announce the launch of the “2023 4th Quarter Day Trading Championship.” This exciting new event, set to run from October 1 to December 31, 2023, is tailored

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Weekly Market Recap – September 22, 2023

Weekly Market Recap – September 22, 2023 The S&P 500 and NASDAQ experienced weekly declines of approximately 3% to 4%, marking their third consecutive week in the red. These setbacks were primarily triggered by significant declines on Wednesday afternoon and Thursday following the latest Fed meeting. Although the U.S.’s central bank kept its benchmark interest

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Weekly Market Recap – September 15, 2023

Weekly Market Recap – September 15, 2023 Throughout the week, the primary U.S. stock indices exhibited minimal fluctuations, maintaining a relatively stable trajectory. This trend aligns with the market’s predominantly stagnant behavior throughout the summer, with a less than 5% disparity between the highest and lowest points of the S&P 500 since the end of

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Weekly Market Recap – September 8, 2023

Weekly Market Recap – September 8, 2023 The primary stock indexes in the U.S. experienced a decrease ranging from 1% to 2%, relinquishing much of the progress made in the preceding week. Contrary to the outcomes of the week before, the NASDAQ lagged behind the S&P 500 and the Dow, partially due to significant midweek

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Weekly Market Recap – September 1, 2023

Weekly Market Recap – September 1, 2023 The primary large-cap stock indexes in the U.S. witnessed weekly advancements, with the NASDAQ and the S&P 500 notably surpassing the Dow, mirroring the trend from the last week. Despite this, the small-cap benchmark markedly surpassed the large-cap counterparts in market capitalization. While the S&P 500 showed promising

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Weekly Market Recap – August 25, 2023

Weekly Market Recap – August 25, 2023 For the first time in a month, the S&P 500 and the NASDAQ witnessed gains, although the Dow slightly ended in the red. The NASDAQ notably excelled, even with almost a 2% dip on Thursday. On Friday, U.S. Fed Chair Jerome Powell, addressing from Jackson Hole, Wyoming, announced

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Weekly Market Recap – August 18, 2023

Weekly Market Recap – August 18, 2023 Major U.S. stock indices plummeted over 2%, marking the third straight weekly loss for both the S&P 500 and NASDAQ. This slump followed a three-week surge that ceased in late July. Recently released minutes from the Fed’s meeting and new economic statistics suggest that interest rates might persist

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Weekly Market Recap – August 11, 2023

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

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Weekly Market Recap – August 4, 2023

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.

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Weekly Market Recap – July 28, 2023

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,

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