Market Recap 26/02/2021

Download PDF USA US indexes decreased sharply during the week, mainly due to a steep rise in longer-term Treasury yields and increasing inflation expectations. The S&P 500 posted its biggest weekly drop in a month, while the Nasdaq suffered its worst decline since October, as an increase in rates is Read more…

Market Recap 19/02/2021

Download PDF USA United States’ major indexes evidence was mixed, but most of them ended lower in the holiday-shortened trading week (markets were closed on Monday in observance of Presidents’ Day). This was mainly due to an increase in treasury yields that climbed to the highest levels seen in a Read more…

Market Recap 12/02/2021

Download PDF USA US stock indexes closed at all-time highs also this week, showing modest weekly gains. This was mainly due to expectations for a fresh round of stimulus spending, strong corporate earnings, and progress in the rollout of Covid-19 vaccines. The S&P 500 rose 1.2% for the week, closing Read more…

Market Recap 06/12/2020

Download PDF US US stocks went further into top territory this week. S&P was up 14.50% YTD at 3,699.12 points; DJIA up 5.89% YTD at 30,218.2 points, recording the best monthly performance since 1987. Similarly, small-cap Russel 2000, up 13.36% YTD at 1,891.35 points, showed its best gain since inception, 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…