Weekly Market Review – September 30, 2023
Stock Markets Several geopolitical issues weighed on investor sentiment this week, including higher oil prices pushing inflation worries and the looming U.S. government shutdown in the absence of a bill raising the debt ceiling by September 30. The S&P 500 Index suffered a fourth consecutive weekly decline, closing lower this week by 0.74%. The Dow […]
Weekly Market Review – September 23, 2023
Stock Markets Investors’ reaction to rising U.S. Treasury yields and hawkish forecasts from the Federal Reserve’s latest meeting weighed on the major U.S. stock market benchmarks in the trading week just concluded. The Dow Jones Industrial Average (DJIA) descended by 1.89% while the D.J. Total Stock Market recorded a 3.03% loss. The broad-based S&P 500 […]
Weekly Market Review – September 16, 2023
Stock Markets Stock indexes ended up mixed this week as investors waited on the sidelines for confirmation of a clearer trend. The Dow Jones Industrial Average (DJIA) ended slightly up by 0.12% although the DJ Total Stock Market lost 0.21%. The broad-based S&P 500 Index inched down by 0.16% and the technology-tracking Nasdaq Stock Market […]
Weekly Market Review – September 9, 2023
Stock Markets The holiday-shortened week ended lower across all the major indexes as Monday saw the markets closed in observance of the Labor Day holiday. According to the WSJ Markets report, the Dow Jones Industrial Average (DJIA) slipped 0.75% down as the DJ Total Stock Market Index gave up double that with a loss of […]
Weekly Market Review – September 2, 2023
Stock Markets Major indexes are up this week, helped by hopeful signs on the inflation front, although this was the first month since February that stocks closed negative. The Dow Jones Industrial Average (DJIA) gained 1.43% while the DJ Total Stock Market Index almost doubled this gain by moving up by 2.75%. The broad S&P […]
Weekly Market Review – August 26, 2023
Stock Markets The Dow Jones Industrial Average (DJIA) moved marginally lower this week by 0.45% although the DJ Total Stock Market inched higher by 0.72%. The broad S&P 500 Index also gained by 0.82% with small caps losing ground and midcaps gaining. The technology-heavy Nasdaq Stock Market Composite surged by 2.26% while the NYSE Composite […]
Weekly Market Review – August 19, 2023
Stock Markets Stocks fell over the week sending all the major indexes downward. The Dow Jones Industrial Average (DJIA) slumped by 2.21%, not far from the DJ Total Stock Market’s 2.24% drop. The broad-based S&P 500 Index declined by 2.11% while the technology-heavy Nasdaq Stock Market Composite fell even further by 2.59%. The NYSE Composite […]
Weekly Market Review – August 12, 2023
Stock Markets The stock markets consolidated over the past week resulting in mixed readings for the major U.S. indexes. According to the WSJ report on the markets, the Dow Jones Industrial Average (DJIA) inched up by 0.62% while the total stock market index slipped down by 0.52%. The broad S&P 500 Index dipped by 0.31% […]
Weekly Market Review – August 5, 2023
Stock Markets In the week just ended, all major indexes ended down on news that Fitch, one of the “Big Three” credit rating agencies, downgraded the U.S. debt rating from AAA to AA+. The Dow Jones Industrial Average (DJIA) is down by 1.11% while the DJ total stock market index fell by 2.19%. The broad-based […]
Weekly Market Review – July 29, 2023
Stock Markets The major indexes were up this week as investors perceived that inflation was easing, the Federal Reserve may be ending its restrictive cycle, and economic growth remains resilient. The Dow Jones Industrial Average (DJIA) recorded its 13th consecutive daily gain on Wednesday, its longest winning streak since 1987, before closing on Friday with […]