Weekly Market Review – December 26, 2021
Stock Markets During the shortened trading week ahead of the Christmas holidays, stocks rebounded from the losses of the previous week. Investor sentiment was buoyed by prospects that the Omicron variant was not going to severely impact the economic recovery as earlier anticipated. As could be expected, trading volumes were low as many players were […]
Weekly Market Review – December 18, 2021
Stock Markets Stock indexes headed south amid volatility over the past week due to investor reaction to two prevailing concerns: the possible spread of the omicron variant, and the prospect that the central bank will tighten monetary policy to counter the rising inflation. Growth stocks and technology-loaded Nasdaq Composite Index underperformed as longer-term interest rate […]
Weekly Market Review – December 11, 2021
Stock Markets Fears concerning the possible fallout from the omicron variant of the SARS Cov-2 virus appear to have calmed down during the week as markets rebounded decisively, reversing two weeks of losses. The S&P 500 charted its best weekly gain since early this year, as most of the benchmark indices trod close to their […]
Weekly Market Review – December 4, 2021
Stock Markets Volatility characterized the past week’s trading with the major equity indexes pulling back on the announcement by Fed Chair Jerome Powell that the Federal Reserve may begin tapering on its monthly asset purchases and do so at a faster rate than expected. Also factoring in on investor sentiment are concerns that the emerging […]
Weekly Market Review – November 27, 2021
Stock Markets Trading was shortened for the week due to the Thanksgiving holiday, but not before a sharp sell-off on news that a possibly more contagious and deadly coronavirus variant was spreading in South Africa. This new strain, dubbed the Omicron variant, has not yet been fully assessed as to whether it could effectively evade […]
Weekly Market Review – November 20, 2021
Stock Markets The past week saw the major indexes ending mixed even as the Nasdaq tested a new record high. Investors swayed between fear and greed as they weighed the prospects of strong economic data and corporate profits reports against concerns about rising inflation, prevailing supply constraints, and the upsurge in coronavirus cases in certain […]
Weekly Market Review – November 13, 2021
Stock Markets During the past week, data showing the highest inflation in the last thirty years caused investor sentiment to dip and stocks to retreat from their record highs. The S&P 500 recorded its first loss on Tuesday in the last nine consecutive sessions that ended its longest winning streak going back to 2017. Within […]
Weekly Market Review – November 6, 2021
Stock Markets The stellar performance of equities over the past week was the result of healthy economic data, a robust end to the earnings season, and a comparatively modest outcome of the Federal Reserve policy meeting, all of which boosted investor sentiment. The major indexes, including the Dow Jones Industrial Average, the broad S&P 500 […]
Weekly Market Review – October 30, 2021
Stock Markets The past week was the busiest week of the third-quarter earnings reporting season, which gave impetus for stocks to rapidly ascend. Most of the major indexes broke out into new highs as most sectors recorded gains. Technology and internet-related companies announced strong results, causing an increase in trading volumes. Within the S&P 500, […]
Weekly Market Review – October 23, 2021
Stock Markets Making significant moves to record highs in the past trading week are the Dow Jones Industrial Index (DJIA), the broad S&P 500 Index (which hit a seven-day winning streak), and the S&P MidCap 400 Index. The surges were partly due to the series of positive company earnings reports for the third quarter. The […]