Weekly Market Review – February 6, 2021
Stock Markets Major indexes closed at new record highs as U.S. stocks registered their best weekly gain since November. Optimistic outlook for a fiscal stimulus bill and the progress in vaccine distribution continue to provide impetus for the bourse. Crude oil traded at 10% gains for the week, its highest level in more than a […]
Weekly Market Review – January 30, 2021
Stock Markets Volatile trading in several sectors of the market triggered the largest weekly loss in the stock market. Fears of speculative excesses were coupled with reduced optimism that fourth-quarter GDP growth would slow down after a spectacular third-quarter growth figure. The heightened political and economic uncertainties ahead under an untested Biden administration have prompted […]
Weekly Market Review – January 23, 2021
Stock Markets The week ended with equities slightly short of their record highs as investors continue to weigh the prospects posed by recent developments. Investor ambiguity was driven by the anticipated $1.9 trillion fiscal-stimulus bill and its possible impact on the long-term sustainability of the government’s deficit spending. Worsening news on the coronavirus situation also […]
Weekly Market Review – January 16, 2021
Stock Markets After hitting record highs in the first trading month of the year, stocks corrected by more than one percent at the close. Earnings reports were released by JP Morgan and Wells Fargo at the start of what analysts anticipate will be a robust earnings season. The much-awaited fiscal-stimulus package was indeed announced by […]
Weekly Market Review – January 9, 2021
Stock Markets World stock markets saw strong gains as major indices broke records during the first week of trading for the year. Following the two runoff elections in Georgia, Democrats gained the majority in the Senate that may signal further fiscal stimulus later in the year to push economic recovery. An increase in corporate tax […]
Weekly Market Review – January 2, 2021
Stock Markets The holiday shortened trading week saw the S&P set a fresh record high on Monday as another round of unemployment benefits and stimulus checks were announced. The market has increasingly focused on the size and magnitude of the stimulus bill as well as the rising coronavirus case count and initial stages of the […]
Weekly Market Review – December 26, 2020
Stock Markets Stocks were mixed last week as investors weighed lawmakers’ approval of a long-awaited relief bill against ongoing virus concerns and new U.K. travel bans. Small cap and technology stocks were up, with both the Russell 2000 and Nasdaq indexes finishing the week higher. The U.S. has continued its vaccination effort, with over 1 […]
Weekly Market Review – December 19, 2020
Stock Markets Stocks edged higher last week, with all major U.S. indexes hitting fresh all-time highs. Fiscal-stimulus optimism, along with a brighter longer-term outlook driven by the rollout of vaccines, continues to support sentiment. Long-term Treasury yields rose modestly, and oil logged its seventh straight weekly gain. Economic data were mixed, revealing that the economic […]
Weekly Market Review – December 12, 2020
Stock Markets Equities closed the week lower, led by the real estate and financial sectors, as the recovery in employment growth appears to be stalling and as talks between Republicans and Democrats over another round of fiscal stimulus continue to drag on. A postponed stimulus package poses a headwind for stocks, as further economic restrictions […]
Weekly Market Review – December 5, 2020
Stock Markets Stocks edged higher last week as the market’s historic rally extended to the first week of December. Despite a notable slowdown in hiring that was revealed in the November jobs report, major indexes closed at record highs and Treasury yields rose, reflecting expectations for additional fiscal stimulus. The U.S. economy added 245,000 jobs […]