Market recap 22/11/2020

Download PDF United States It looks as if the market read a recent Goldman Sachs report, which beckoned at the possibility of starting to “shift from the hope-driven economy to the growth-driven economy”. The Dow Jones Industrial Average fell 220 points (0.8%) to 29,263, the S&P 500 Index was down Read more…

Market Recap 15/11/2020

Download PDF US US stock market marks new record highs with the hopes rising for the soon vaccine development and investors’ look into the Biden’s victory on the US presidential elections. S&P500 closed at 3,585.15 with weekly gain of 2.16%. Dow-Jones Industrial Average Index (DJIA) was up 4.08% reaching 29,479.81. Read more…

Market Recap 01/11/2020

Download PDF United States Many US markets have seen the roughest week since March; the Dow and S&P 500 indices are down 7.5% and 6.4% respectively and the Nasdaq fell over 6% (following a sharp selloff in technology stocks due to mixed earnings results, with Apple falling 5.5% after a Read more…

Market Recap 04/10/2020

Download PDF United States Last week the S&P 500 went up by 0.44% and closed at 3,348.44, whilst Dow Jones registered a weekly gain of 1.17%, finishing at 27,682.81. Hopes for another coronavirus-relief bill contributed to the recovery of the market after having four consecutive weeks of bearish trend. The Read more…

Market Recap 27/09/2020

Download PDF   United States Last week the S&P 500 went down by 0.63% and closed at 3,298.46, whilst Dow Jones registered a weekly loss of 1.75%, finishing at 27,173.96. These figures represent the fourth straight weekly fall for both indexes, the longest losing streak in over a year. Gloomy Read more…

Market Recap 08/03/2020

Download as PDF US US market ended another wild trading week with a slight gain after last Friday substantive losses. S&P500 closed at 2,972.37, with a weekly gain of 0.61%. Dow-Jones Industrial Average Index (DJIA) was up 1.79% reaching 25,864.78. The demand for haven assets is rising and the bets Read more…

Market Recap 01/03/2020

Download as PDF United States The US markets experienced the worst week since 2008 due to a massive sell off caused by coronavirus uncertainty. S&P500 closed at 2954.22 with a weekly loss of a staggering 11.50% whilst the Dow-Jones Industrial Average (DJIA) Index finished the week at 25.409, down 12.00% Read more…

Market Recap 16/02/2020

US This week U.S. stocks rose with S&P 500 gaining 1.56% and Nasdaq Composite 2.35%, closing at 3,380.16 and 9,623.58 respectively, these levels marked records for both indices. U.S. market surged relative to its peers as a result of investors beliefs for American market to be the least affected by Read more…

Market Recap 08/12/2019

US US bill supporting pro-democratic movements in Hong Kong has caused a negative reaction of China, however, China avoided any direct measures related to trade. Sanctions are going to be introduced on US human-rights organizations and US Navy ships port visits would be halted. The tension between two nations increase: Read more…

Market Recap 24/11/2019

US Last week the S&P500 was slightly down by 0.19% and closed the week at 3110,29 points. The index remained above the 3100 threshold while the yield on the US 10 year treasury was down 6 basis points at 1.774. The US market was once again driven by the phase-one Read more…

Market Recap 17/11/2019

US The Dow Jones Industrial Average crossed the 28k mark with a close at 28,004.89 on Friday, recording a weekly gain of 1.2%. The S&P 500 closed at 3,120.46 up 0.9% w-o-w. These numbers outline a 6th consecutive week of gains for the index – for the first time in Read more…

Market Recap 10/11/2019

US The rally in the U.S. markets continued this week, sustained by the optimistic outlook on the resolution of the US-China trade disputes. The S&P 500 and the Nasdaq Composite were both up 0.85% w-o-w, closing at 3,093.08 and 8,457.31, respectively. The Dow Jones Industrial Average recorded a weekly gain Read more…

Market Recap 06/10/2019

US The Dow Jones Industrial Average closed at 26,573.72 on Friday recording a weekly loss of 0.9%. The S&P 500 closed at 2,952.01 down 0.3% w-o-w. These numbers outline a 3rd straight week of negative returns for US equities. The US market was primarily impacted by 3 key data releases Read more…

Market Recap 29/09/2019

US On Monday, the US registered stronger than expected manufacturing and composite PMIs while a weak service PMI. In the same day, the FED injected about 50bn $ in the financial system through REPOs following last week spike in short-term borrowing costs. The FED continued its intervention in the REPO Read more…

Market Recap 22/09/2019

US Fannie Mae and Freddie Mac are once again back in the spotlight, with American treasury secretary Steven Mnuchin proposing to reform and recapitalized these government enterprises. The Fed has cut rates by 25 bps to a range of 1.75% – 2%, in line with market expectations while resisting the Read more…