Weekly Market Review – May 27, 2023
Stock Markets Stock markets were broadly flat in trading over the past week. The Dow Jones Industrial Average (DJIA) was slightly down by 1.00% although the Total Stock Market Index was up by 0.31%. The NYSE Composite was also down by 1.60%. However, the S&P 500 Index inched up by 0.32% while the Nasdaq Stock […]
Weekly Market Review – May 20, 2023
Stock Markets Major stock indexes chalked solid gains for the week, with the S&P 500 Index rising above the 4,200 level in intraday trading for the first time since late August before retracing back to close at 4,191.98. It gained by 1.65% for the week, while the Dow Jones Industrial Average (DJIA) rose by 0.38% […]
Weekly Market Review – May 13, 2023
Stock Markets This trading week, major stock indexes are down except for the Nasdaq Stock Market Composite which managed to rise by 0.40%. Data from the Wall Street Journal (WSJ) Markets report show the Dow Jones Industrial Average (DJIA) falling by 11.1% while the total stock market lost by 0.11%. The broad-based S&P 500 receded […]
Weekly Market Review – May 6, 2023
Stock Markets The major indexes were generally down due to the triple negative data reports released for the week. The Dow Jones Industrial Average (DJIA) fell by 1.24% and while its transportation and utilities averages rose, the total stock market slid by 0.77%. The broad S&P 500 Index lost by 0.80%, and the NYSE Composite […]
Weekly Market Review – April 29, 2023
Stock Markets Major stock market indexes were mixed this week. The Dow Jones Industrial Average (DJIA) was up marginally by 0.86% week-on-week, mirroring the Total Stock Market index increase of 0.58%. The S&P 500 Index was on pace with the DJIA as it gained by 0.87% for the week, although the Nasdaq Stock Market Composite […]
Weekly Market Review – April 22, 2023
Stock Markets The stock markets moved sideways for the week which was dominated by first-quarter earnings reports and little market-moving economic news. Market volumes were particularly light which underscores the listless trading for the week. First-quarter earnings reports are still coming in, but once the remaining company results have been released, overall earnings for the […]
Weekly Market Review – April 15, 2023
Stock Markets Over the trading week, the benchmark indexes moved slightly higher as investors weighed slowing economic growth signals. The Dow Jones Industrial Average moved up by 1.2% for the week while the total stock market average inched up by 0.89% on the back of a 2.01% gain in the transportation sector that offset a […]
Weekly Market Review – April 8, 2023
Stock Markets Last week was marked by light and choppy trading due to a holiday-shortened trading week. U.S. markets were closed on Friday together with most of the other markets in the Americas, in observance of the Good Friday holiday and the Passover that started on Wednesday evening. Also noticeable was a slight pause by […]
Weekly Market Review – April 1, 2023
Stock Markets The equities markets ended a positive, albeit volatile, first quarter as weakness in banks was offset by strength in technology stocks. In the week just ended, all major stock indexes posted solid gains, offsetting the losses of the preceding weeks. The Dow Jones Industrial Average ended 3.22% higher and the total stock market […]
Weekly Market Review – March 25, 2023
Stock Markets The uncertainty in the U.S. regional and global banking system has, in just over two weeks, notably shifted the performance of financial markets and, most likely, the path of the Federal Reserve in its policies moving forward. According to the Wall Street Journal markets data, The major stock market indexes generally recovered over […]