Market Recap – Week Ending 10.08.21

Overview: Global stocks were higher last week, finishing the week with a strong rebound, after a short-term deal to raise the debt ceiling allayed  investor concerns and beat the Oct. 18 deadline. In the U.S., the S&P 500 index ended the week 0.8% higher, while international stocks followed suit. The economic focus was on the […]

Mid-Week Market Minute 10.06.21

Volatility persisted this week as members of Congress continue to debate the stimulus bills. With the deadline for raising the debt ceiling (Oct. 18) quickly approaching, markets are ripe with uncertainty. This, combined with heightened inflation concerns, slowing growth, and the prospect of reduced monetary stimulus has exasperated market volatility. Benchmark equity indices traded lower, […]

Market Recap – Week Ending 10.01.21

Overview: Stocks around the world traded lower last week as investor concerns grew over higher inflation, rising energy prices, slowing growth, and rising interest rates. The S&P 500 Index ended the week  2.2% lower and fell 4.8% in the month of September. This broke a seven-month winning streak for the S&P 500 and was the […]

Mid-Week Market Minute 09.29.21

Stocks traded lower this week as benchmark interest rates rose across the board. When rates go up, it signals that markets anticipate interest-rate hikes, which make borrowing more expensive. The yield on the 10-year U.S. Treasury note rose to 1.54%, the highest it’s been since June. The Federal Reserve Chair Jerome Powell said Monday that […]

Market Recap – Week Ending 09.24.21

Overview: Stocks recovered last week after dropping at the start of the week on concerns about stress in the Chinese property sector. After a volatile week, the Hong Kong Hang Seng Index ended 2.9% lower. In the U.S., the S&P 500 Index recovered its losses to end the week 0.5% higher, while international stocks finished […]