Apr 22, 2023 | Weekly Cache
The sideways chop in the markets continued last week, Dow Jones lost 0.2%, S&P 500 fell 0.1%, Nasdaq composite was down 0.4%. Market breadth remains poor, and most investors we speak with remain on the sidelines as they expect that in the near term, either breadth...
Apr 8, 2023 | Weekly Cache
The stock market was mixed last week, Dow Jones rose 0.6%, S&P 500 fell 0.1%, and Nasdaq fell 1.1%, even as the 10-year US Treasury yield tumbled 22 basis points to 3.28%, a seven-month low. Global startups raised US$76 billion in the first quarter—a figure that...
Apr 1, 2023 | Weekly Cache
After an uninspiring start, the markets made a bullish turn in the second half of the week. Dow Jones was up 3.2%, S&P 500 rose 3.5%, and Nasdaq was up 3.4%. Twitter was recently valued at US$20 billion in a new employee stock grant, even as Fidelity marked down...
Mar 25, 2023 | Weekly Cache
Last week, major market indices posted good gains, despite a volatility during the week. Dow Jones was up 1.2%, S&P 500 rose 1.4%, and Nasdaq composite was up 1.7%. Consensus seems to be that the Fed’s rate hikes will pause in May, followed by rate cuts in July....
Mar 18, 2023 | Weekly Cache
After a wild week, which saw sharp losses, a bounce back and more losses, Dow Jones was down 0.2%, S&P 500 rose 1.4%, and Nasdaq was up 4.4%. The 10-year Treasury saw huge daily swings as well, and the two-year yield fell ~75 basis points to 3.85%, in its biggest...
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...
