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 […]
Weekly Market Review – July 22, 2023
Stock Markets Stocks were mostly up over the past week as company earnings reports provided some buying motivation for investors. According to the WSJ Markets report, the Dow Jones Industrial Average (DJIA) rose by 2.08% while the total stock market index registered a 0.75% gain. The broad S&P 500 Index nudged up by 0.69% while […]
Weekly Market Review – July 15, 2023
Stock Markets The equities market experienced a week of strong gains as investor confidence returned with data showing continued cooling inflation signals. The Dow Jones Industrial Average shot up by 2.29%. The S&P 500 Index surged by 2.42%, ending the week at 6.5% below the record intraday peak it set early last year. The Nasdaq […]
Weekly Market Review – July 8, 2023
Stock Markets The markets were mostly down last week in an apparent retracement after a strong and optimistic first-semester rally. The Dow Jones Industrial Average (DJIA) was down by 1.96% and the total stock market by 1.12% for the week with only the transportation sector remaining in positive territory. The broad S&P 500 Index slid […]
Weekly Market Review – July 1, 2023
Stock Markets All major stock indexes ended in positive territory for the week as the first half of 2023 came to a close with an overall sense of optimism. The Dow Jones Industrial Average (DJIA) ended 2.02% higher while the total stock market index gained by 2.56%. The broad S&P 500 Index mirrored the total […]
Weekly Market Review – June 24, 2023
Stock Markets Stocks broke their two-month winning streak as the major stock benchmarks closed lower in the past week. The markets were closed on Monday in celebration of the Juneteenth Day holiday when all markets were closed. During the four days of trading conducted, the Dow Jones Industrial Average (DJIA) slipped by 1.67% and the […]
Weekly Market Review – June 17, 2023
Stock Markets Indexes were up over the past week. The Dow Jones Industrial Average (DJIA) gained by 1.25% while the total stock market rose by 2.49%. The broad-based S&P 500 Index ascended by 2.58% and the technology-tracking Nasdaq Stock Market Composite Index overperformed with a gain of 3.25%. The NYSE Composite climbed by 1.90% and […]
Weekly Market Review – June 10, 2023
Stock Markets All stock indexes were modestly up during the week. According to the WSJ Markets report, the Dow Jones Industrial Average (DJIA) gained by 0.34%, and the Total Stock Market Index likewise by 0.50%. The Nasdaq Stock Market Composite took a breather with a gain of only 0.14%, while the NYSE Composite Index did […]
Weekly Market Review – June 3, 2023
Stock Markets The stock market indexes ended the week all in positive territory. The Dow Jones Industrial Average (DJIA) managed to close the week up by 2.02% while the broader S&P 500 gained by 1.83% after touching its highest intraday level since mid-August 2022. The technology stock-heavy Nasdaq Stock Market Composite rose by 2.04% for […]
Weekly Market Review – May 27, 2023
Stock Markets Stock markets were broadly flat in trading over the past week. The Dow Jones Industrial Average (DJIA) was slightly down by 1.00% although the Total Stock Market Index was up by 0.31%. The NYSE Composite was also down by 1.60%. However, the S&P 500 Index inched up by 0.32% while the Nasdaq Stock […]