Weekly Market Review – December 16, 2023
Stock Markets Holiday cheer and the absence of significantly negative news drove the stock markets up for the seventh consecutive week. According to the Wall Street Journal Markets report, the Dow Jones Industrial Average (DJIA) roared upwards by 2.92% for the week as its Total Stock Market Index climbed by 2.85%, suggesting that institutional buying […]
Weekly Market Review – December 9, 2023
Stock Markets The major U.S. stock market indexes were mixed this week. According to the Wall Street Journal Markets report, the Dow Jones Industrial Average moved sideways for the week, adding a slight 0.01% and while the transportation and utility sectors came down, the total stock market index advanced by 0.26%. The broad S&P 500 […]
Weekly Market Review – December 2, 2023
Stock Markets All major indexes ended the week and month on a strong run. According to the Wall Street Journal Market Data, the Dow Jones Industrial Average surged by 2.42% even as the DJ Total Stock Market ended 1.16%. The broad-based S&P 500 Index gained 0.77% while the technology tracker Nasdaq Stock Market Composite advanced […]
Weekly Market Review – November 25, 2023
Stock Markets The past week was a holiday-shortened trading week as the Thanksgiving celebration closed the markets on Thursday while Friday saw a truncated trading session that ended at 1 p.m. EST instead of the usual 4 p.m. The major stock indexes ended up on mostly quiet trading. The Dow Jones Industrial Average (DJIA) advanced […]
Weekly Market Review – November 18, 2023
Stock Markets All stock indexes were up this week in apparent reaction to inflation resuming its downward trajectory in October from its brief acceleration in late summer. The Dow Jones Industrial Average (DJIA) ended the week 1.94% higher than the week before, with the broader DJ Total Stock Market Index ending 2.55% up. The global […]
Weekly Market Review – November 11, 2023
Stock Markets After the stock market’s strong run-up over the past weeks when the S&P 500 Index came close to reprising its longest winning streak in nearly two decades, equities lost steam and ended mixed for the week. According to the Wall Street Journal Markets tracker, the Dow Jones Industrial Average (DJIA) eked out a […]
Weekly Market Review – November 4, 2023
Stock Markets A sharp rally in stocks last week was precipitated by economic data and Federal Reserve announcements that triggered a decline in interest rates. The Dow Jones Industrial Average (DJIA) rose by 5.07% and its Total Stock Market Index by 6.05%. The S&P 500 Index surged by 5.85%, its strongest weekly gain in almost […]
Weekly Market Review – October 28, 2023
Stock Markets Stocks continued their slide this week to enter into correction territory, 10% down from their highest in late July. The Dow Jones Industrial Average (DJIA) lost 2.14% for the week while its Total Stock Market Index was not far behind with a loss of 2.60%. The broad-based S&P 500 Index is likewise down […]
Weekly Market Review – October 21, 2023
Stock Markets Equities lost some ground this week due to the continued rise of Treasury bond yields. The 10-year Treasury yield in particular is attracting investors’ attention as it approaches 5%, a rate last seen in 2007. All major indexes are down for the week. The Dow Jones Industrial Average (DJIA) corrected by 1.61% and […]
Weekly Market Review – October 14, 2023
Stock Markets Equities lost some ground this week due to the continued rise of Treasury bond yields. The 10-year Treasury yield in particular is attracting investors’ attention as it approaches 5%, a rate last seen in 2007. All major indexes are down for the week. The Dow Jones Industrial Average (DJIA) corrected by 1.61% and […]