Market Update Equity markets traded down on Thursday as signs of growth waned. China’s May leading economic index indicated that PPI, CPI, retail sales and industrial production all grew at slower paces than expected. The Bank of Japan kept its target rate at .10%. There continues to be signs of slowing growth in the global […]
Category: Weekly Market Wrap Up
Capital Markets Lab Weekly Market Wrap Up, July 5-9, 2010
Equity Markets Increased Retail Sales Reflects Consumer Confidence Sales gains have been reported by U.S retailers this month, with the majority led by department stores and the like. This increase in sales is attributed by the recent Memorial day sales, back-to school shopping, clearance sales to make room for the fall merchandise and comparatively warmer […]
Capital Markets Lab Weekly Market Wrap Up, June 28-July 2, 2010
U.S. Markets Major Indices, Commodities, Treasuries As of Thursday, July 01, the Dow Jones Industrial Average has lost just about 3.94% for the week thus far. Since the index’s current annual high of 11204.28, it has dropped about 13.23%. The S&P 500 has had similar losses of -4.35% for the week-to-date, and -15.61% since its […]
Capital Markets Lab Weekly Market Wrap Up, June 21-25, 2010
Economic Data FOMC Keeps Rates at a Record Low This week there was a great deal of economic volatility amid a large number of government reports indicating that the economic recovery is much more pessimistic than previously thought. Despite new home sales being at their lowest level since 1963, US jobless claims and durable goods […]
Capital Markets Lab Weekly Market Wrap Up, June 14-18, 2010
Fannie Mae and Freddie Mac to be De-listed On Wednesday, June 16, Fannie Mae and Freddie Mac were “ordered…to voluntarily de-list”, according to the Wall Street Journal. The decision was pushed by Federal Housing Finance Agency Director Edward DeMarco. The two mortgage giants own 53% of the United States total outstanding residential mortgages, at the […]
Capital Markets Lab Weekly Market Wrap Up, June 7-11, 2010
U.S. Economic News According to the Federal Reserve’s Beige Book, the economy has continued the path to recovery with “modest growth” across all twelve districts. Consumer spending has increased and it appears that “sales of spring and summer apparel were strong in the Boston, New York, Philadelphia, St. Louis, Kansas City, and Dallas Districts”; however, […]
Capital Markets Lab Weekly Market Wrap Up, May 31 – June 04, 2010
Index Price Action As of Thursday, June 03, 2010, the Dow Jones Industrial Average closed at 10,255 points. Although this is about a 1.2% increase for the week so far, looking at the price action over the year clears the picture for us a bit. Below is a daily candle graph of the Dow Jones […]
Capital Markets Lab Weekly Market Wrap Up, May 24-28, 2010
U.S. Economic Data Amidst the troubles in Europe, oil spill off of the U.S. coast, insider trading, and an overall volatile market; this week’s market action seemed fairly calm. At one point in the week rumors began to float about China possibly conducting a major selling operation of European debt. Around the same time China […]
Capital Markets Lab Weekly Market Wrap Up, May 15-21, 2010
U.S. Equities Major Earnings Announcements This week (as of Thursday (5/20/10)) the U.S. large cap stock index fell almost 6% on what many are calling “Continued Euro Worries”. There, could be a number of issues ranging from technical levels to global economic issues, politics, or simply over priced equities that could explain the recent market […]
Capital Markets Lab Weekly Market Wrap Up, May 10-14, 2010
Global Markets React to Euro Bailout This Monday we saw the EU, along with the IMF release a near trillion dollar rescue plan of the EU region. After the sharp and historical selloff the markets witnessed last week, Monday opened much higher (close to a 4% gap in most indices) on the news of the […]