Top Stories Last Week • US Stocks Rose Again US stocks rose again in a quiet week without much important economic news. S&P index rose 0.4%, and MSCI EAFE index was flat. The MSCI Emerging Market Index dropped by 0.6%. Gold tumbled 3.6%, while the SPGC commodity index went up by 1.2%. The bond markets … Read more
Top Stories Last Week • Global Financial Markets Rallied Global financial markets rallied as investors speculated the Fed’s tapering of bond purchase program may delay after Yellen’s confirmation hearing in the Senate. In the week, S&P index rose 1.6%, and MSCI EAFE index climbed 1.5%. The MSCI Emerging Market Index rallied by 2.6%. Gold remained … Read more
Top Stories Last Week • Emerging Markets Tumbled Expectations of a slower pace of growth across most emerging markets have helped sap investor confidence in these economies, and added to concerns that the asset class will be dragged down when the Federal Reserve begins to wind down its economic stimulus program. Emerging market equity tumbled, … Read more
Top Stories Last Week • Global Stocks were Mixed Global stocks were traded mixed even the corporate profits have been strong and the Fed decided not to taper the quantitative easing after their two-day policy meeting. In the week, S&P index rose 0.1%, but MSCI EAFE index dropped 1.4%. The MSCI Emerging Market Index declined … Read more
Top Stories Last Week • US Stocks Moved Higher on Strong Earnings Halfway through the earning season, Most of US companies beat expectations. US stocks reached new records. In the week, S&P index rose 0.9%, and MSCI EAFE index climbed 0.6%. However, the MSCI Emerging Market Index declined by 0.9% amid increasing concerns about Chinese … Read more
Top Stories Last Week • US Stocks Reached New Records Global equities rallies as US Congress passed the funding bill and raised the debt ceiling. The federal government reopened on Thursday. Corporate earnings have been strong as Google, GE and Morgan Stanley beat estimates. In the week, S&P index rose 2.4%, and MSCI EAFE index … Read more
Top Stories Last Week • Global Equities Rose among Debt Ceiling Negotiation and Yellen Nomination Global equities rose for the week amid the optimism on the fiscal negotiation. President Obama’s nomination of Janet Yellen to be next Fed chairman triggered the speculation that the tapering will be slow. Alcoa kicked off the third-quarter earnings season … Read more
Top Stories Last Week • US Stocks Shrugged off Government Shutdown The US stocks were largely unchanged though the Congress could not reach an agreement on the new fiscal year budget and federal government partially shut down. Most of the market participants believed the shutdown would be temporary. In the week, S&P index remained flat, … Read more
Top Stories Last Week • US Stocks Dropped as Congress Could not Reach an Agreement on New Budget The US stocks dropped as Congress could not reach an agreement on the new fiscal year budget. The government may face shutdown if no deal is agreed by Monday. The uncertainty made the markets jittering. In the … Read more
Top Stories Last Week • Global Stocks Rallies as the Fed Restrained from Tapering The Federal Reserve surprised markets by not reducing the size of its $85 billion per month bond-purchase program. World stock markets rallies as traders cheered the news. In the week, S&P index rose 1.3%, and MSCI EAFE index rallied 2.3%. The … Read more