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 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 […]

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 – 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 […]