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 […]
Category: Market Watch
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 The major stock markets closed this week with mixed results, with investors tentatively assessing inflation data and dovish signals from Federal Reserve officials. According to the Wall Street Journal Markets report, markets ending with gains for the week were the Dow Jones Industrial Average (+0.79%), the DJ Total Stock Market Index (+0.24%), the […]
Weekly Market Review – October 7, 2023
Stock Markets Another week of directionless trading ended in mixed major indexes. The Dow Jones Industrial Average (DJIA) closed down by 0.30% over the week while its Total Stock Market counterpart ended up by 0.19%. The broad-based S&P 500 Index was slightly up by 0.48% while the midcap and small-cap stocks were down by 1.87% […]
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 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 […]