Market Recap 07-05-2017

United States The S&P 500 closed the week at $2,399.29, a record high and up 0.63% when compared with the close of the previous week. During the week several important announcements have been released; first of all the Federal Reserve decided to leave interest rate unchanged at 0.75%-1.00% following the Read more…

Market Recap 05-03-2017

Market Recap 05-03-2017 United States Despite experiencing a downward correction towards the closing of the week, US equity indices reached new record levels. The Dow Jones Industrial Average reached a new record level by breaching the 21.000 mark. On Wednesday, it peaked at 21.115, to close the week at 21.005, Read more…

Market Recap 30-10-2016

United States Disappointing earnings from Apple and Amazon heavily weighed on the Nasdaq, falling 1.3%. Positive surprises from large companies, such as Procter & Gamble, helped to offset some disappointments in the tech sector, resulting in the S&P 500 falling 0.7%. So far, the earnings seemed solid, as this is Read more…

Market Recap 02-10-2016

United States The S&P 500 rose 17.14 points, or 0.8%, to close at 2,168.27 on Friday although the index was down 0.1% in September, the Nasdaq Composite closed at 5,312.00, adding 1.7% in September. Moreover, the Dow Jones Industrial Average gained 0.9% but fell 0.8% for the month. Analysts have Read more…