Weekly Market Review – October 16, 2021
Stock Markets As has been the dominant strategy throughout 2021, investors acted according to the “buy the dip” mentality last week. The market pulled back by 5% for the first time during September’s trading, and now appears to have regained its momentum by responding vigorously to last week’s strong start to the corporate earnings season. […]
Weekly Market Review – October 9, 2021
Stock Markets Equities recovered some of the previous weeks’ losses as most of the major indexes recorded week-on-week gains. The S&P 500 Index gained back some of the value lost the week earlier with energy stocks leading the way. Crude prices reached a seven-year high on Monday in light of the decision by oil exporters […]
Weekly Market Review – October 2, 2021
Stock Markets The Nasdaq Composite index and the other large-cap benchmarks have registered their most significant intra-week drop since February, despite Friday’s rally, which recovered some of the week’s losses. This week’s performance concluded what turned out to be the worst monthly declines since the pandemic began, mainly on the back of inflation worries and […]
Weekly Market Review – September 25, 2021
Stock Markets The past week’s trading again assumed a heightened level of volatility as different news stories provided investors causes for concern, despite six months of listless trading. An early 5% sell-off based on intraday prices dominated the major benchmarks. Still, in the end, the market proved resilient as the indexes recovered lost ground to […]
Weekly Market Review – September 18, 2021
Stock Markets Most of the major equity indexes ended slightly lower, although the small-cap Russell 2000 Index managed to eke out a slight increase. This is a sign that investors appear unsure about the future direction of the market and the economy in general due to the conflicting signals they are receiving from environmental sentiment, […]
Weekly Market Review – September 11, 2021
Stock Markets Stock exchanges retreated over the shortened trading week since markets were closed on Monday due to the Labor Day holiday. Equities signaled caution as the S&P 500 experienced its first five-day losing streak since the middle of February. In this index, the small real estate sector led the declines in response to the […]
Weekly Market Review – September 4, 2021
Stock Markets Volatility dominated to cause the major indexes to close mixed. The S&P MidCap 400, the S&P 500 and the Nasdaq Composite Indexes broke out in new intraday highs on Thursday, with the small real estate sector within the S&P 500 surging but the financials underperforming the other sectoral averages, In what is widely […]
Weekly Market Review – August 28, 2021
Stock Markets Impressive stock market gains were garnered in the just-concluded trading week as investor sentiments rose on the news that full Food and Drug Administration (FDA) approval was granted to the Pfizer-BioNTech COVID-19 vaccine. This signaled the strong possibility that the economic recovery will continue unabated and that the worst of the pandemic is […]
Weekly Market Review – August 21, 2021
Stock Markets The S&P 500 reached a new record high of 4,480 on Monday, which is more than double its March 23rd intraday low of 2,192. However, stocks pulled back for the rest of the week, with small-cap stocks lagging and the Russell 2000 Index briefly correcting, down by more than 10% from its recorded […]
Weekly Market Review – August 14, 2021
Stock Markets Investors generally discounted news of the continued spread of COVID-19 and its impact on future economic expansion. Equities climbed, with value stocks listed in the S&P 500 Index outperforming the growth stocks. Materials led other sectors in their advance, while energy stocks dipped on worries that oil producers may break ranks on the […]