Weekly Market Recap
Weekly Market Recap – February 1st, 2019
Weekly Market Recap – February 1st, 2019 In the Markets The three major equity indices all posted gains on the week, with the Dow Jones up 1.3%, the NASDAQ climbing 1.4%, and the S&P up 1.6%. The S&P’s gains resulted in its strongest January since 1987, with many companies’ earnings reports stronger than expected. The
Weekly Market Recap – January 25th, 2019
Weekly Market Recap – January 25th, 2019 In the Markets The longest U.S. government shutdown came to an end to close the week, with an agreement to reopen the federal government through February 15th. The major equity indices saw limited moves on the shortened week, each finishing almost flat, as the Dow Jones and NASDAQ
Weekly Market Recap – January 18th, 2019
Weekly Market Recap – January 18th, 2019 In the Markets The U.K. took the spotlight last week. On Tuesday, Parliament rejected Prime Minister Theresa May’s Brexit deal in the largest parliamentary loss in more than a century. On Wednesday, May’s government narrowly survived a no-confidence vote, and she signaled that she was willing to negotiate
Weekly Market Recap – January 11th, 2019
Weekly Market Recap – January 11th, 2019 In the Markets After a tumultuous end to 2018, with high market volatility the major equity indices have climbed to start the new year amidst positive investor sentiment. The S&P closed the week up 2.5%, resulting in a 3.6% YTD return in 2019. The Dow Jones rose 2.4%,
Weekly Market Recap – December 31st, 2018
Weekly Market Recap – December 31st, 2018 In the Markets Despite the shortened holiday week, a historically uneventful week in trading, was peppered with volatility in equity markets. The week began with all three major indices posting substantial losses, as the Dow recorded its worst Christmas Eve ever, and the S&P 500 fell to 20%
Weekly Market Recap – December 21st, 2018
Weekly Market Recap – December 21st, 2018 In the Markets Equity markets fell sharply last week, as the Dow Jones was down 6.9% and the S&P 500 dropped 7.1%. The NASDAQ posted the largest loss, nearing bear market territory for the tech-heavy index as its 8.4% decline this week marked a 20% drop from its
Weekly Market Recap – December 14th, 2018
Weekly Market Recap – December 14th, 2018 In the Markets Initial steps were taken in the U.S-China trade negotiations, as the 90-day ceasefire began with substantial, albeit still temporary, moves from the People’s Republic. Chinese officials hinted at tweaks to the “Made in China 2025” policy by allowing further access and fairer competition for foreign
Weekly Market Recap – December 7th, 2018
Weekly Market Recap – December 7th, 2018 In the Markets Volatility spiked last week, as Monday equities rallied, before dropping substantially on Tuesday. Thursday saw a potential recovery, before the major indices fell again to close Friday. On the week, the Dow Jones fell 4.5%, the S&P 500 dropped 4.6%, and the NASDAQ lost 4.9%.
Weekly Market Recap – November 30th, 2018
Weekly Market Recap – November 30th, 2018 In the Markets This week U.S. Fed Chair Jerome Powell appeared to take on a more dovish stance, stating that interest rates were closer to neutral. He went on to articulate that the Fed would be data-dependent in its decision making, as opposed to following a preset policy
Weekly Market Recap – November 23rd, 2018
Weekly Market Recap – November 23rd, 2018 In the Markets On a shortened week, with the U.S. celebrating Thanksgiving on Thursday, equity markets took another large hit, with both the Dow Jones and the S&P 500 slipping into the red for year to date returns after the Dow fell 4.4%, and the S&P fell 3.8%.