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...
Jan 28, 2023 | Weekly Cache
Markets and investors are feeling a bit optimistic, with the Dow Jones up 1.8% last week, S&P 500 up 2.5%, and Nasdaq composite up 4.3%, while indices may be due for some consolidation here, deal-flow is likely not far behind after a very muted 2022. Sophic...