Mar 11, 2023 | Weekly Cache
Last week, the market suffered big losses last week as SVB Financial collapsed, which along with crypto bank Silvergate Financial sparked intense losses for bank stocks. Dow Jones lost 4.4%, S&P 500 fell 4.55%, and Nasdaq lost 4.7%. Silicon Valley Bank failed on...
Mar 4, 2023 | Weekly Cache
Last week, the stock market performed better in the latter half, as S&P 500 and Nasdaq rebounded from key tests Thursday morning, and went on to top resistance on Friday. Dow Jones ened the week up 1.75%, S&P 500 was up 1.9%, and Nasdaq was up 2.6%, 10-year US...
Feb 25, 2023 | Weekly Cache
Last week, Dow Jones Industrial dropped 3% in its fourth straight weekly loss, S&P 500 lost 2.7%, and Nasdaq fell 3.3%. The US 10-year Treasury yield was up 12 basis points to 3.95%, its highest level since Nov. 10, and up 62 basis points from the recent stock...
Feb 18, 2023 | Weekly Cache
Last week, major indices ended mixed as the Dow Jones fell 0.1%, S&P 500 was down 0.3% and Nasdaq rose 0.6%. After a record Super Bowl, FanDuel parent Flutter Entertainment said it is considering listing on a U.S. stock exchange. Warren Buffett’s Berkshire...
Feb 11, 2023 | Weekly Cache
Last week, the Dow Jones ended down 0.2%,S&P 500 fell 1.1%, and Nasdaq composite was 2.4%. At the same time, the 10-year Treasury yield was up 21 basis points to 3.74%. SoftBank Group reported a net loss of nearly US$6 billion for the three months through...
Feb 4, 2023 | Weekly Cache
Last week, the Dow Jones dipped 0.2%, S&P 500 rose 1.6%, and Nasdaq composite was up 3.3%. The small-cap Russell 2000 sprinted 3.9% higher. According to the WSJ, The Nasdaq has been a star performer, gaining 15% over the past five weeks in its best such stretch...
