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 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…

Market Recap 28/04/2019

US During the trading week S&P500 and Nasdaq have increased their market value while the Dow Jones 30 has been quite steady. The S&P500 has closed the week at 2940, increasing by 1%, while the Nasdaq, in the same period, moved from 7980 to 8148, rising by 2.1%. The Dow Read more…

Market Recap 02/12/2018

US Oil production in America continued its rise, hitting home market concerns that a surge in supplies would further put downward pressures on prices. Synchronized global movements have not helped either, as the rise in American oil production is matched by Saudi Arabia and Russia. The growth in supplies also Read more…

Market Recap 25/11/2018

US The shortened Thanksgiving-week turned out to be the worst Thanksgiving-week since 1939, with the S&P 500 losing around 3.5% over the past week to close at 3,632.5 points as stock markets closed early at 1pm in New York due to the holiday. The S&P 500 is down 10% compared Read more…

Market Recap 18/11/2018

US The Dow Jones Industrial Average closed at 25,989.30 on Friday and a weekly gain of 2.6%. The S&P 500 closed at 2,736.27 down 1.6% w-o-w. The Nasdaq Composite closed at 7,247.83, down 2.14% on the week. The small-cap index Russell 2000 is down 1.41% over the previous week at Read more…

Market Recap 11/11/2018

US The US Indexes soared this week mostly affected by the midterm elections, which caused a relief-rally The Dow Jones Industrial Average closed at 25,989.30 on Friday with a loss of 201.92 points or -0.77% and a weekly gain of 2.6%. The S&P 500 closed at 2,781.01 for a loss Read more…