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Written By: Humna Wasim Late last week on Friday the market indices all suffered a lose with decrease changes in the previous close and percentages changes. Major dips in the market indices were observed in the DJI (Dow Jones Industrial Average) which was down 424.69, Nasdaq Composite Index fell 199.69, NYSE US 100 Index decreased 186.01, and the S&P/TSX Composite Index fell by 176.19. The Dow dropped 724 points after Trump signed an executive notice that would impose tariffs on up to $60 billion in Chinese imports, which also resulted to another 425-point drop Friday. The indices which suffered a minor lose at the end of the week were the S&P 500 which fell by 55.43, TR US Index decreased by 4.90 and Thomas Reuters Equity US Index, Thomas Reuters Equity Canadian Index fell 4.90, 3.25, respectively. Currencies market experienced a decrease beginning March 20th closed at 1.3071 and ended … Continue reading Weekly Market Update (March 19 – March 23, 2018)

Canadian stocks were marginally higher, U.S. large-cap stocks were mixed, and small-cap stocks rose by more than 1% in a week where divergences in sector performance and political news drove market sentiment. Helping small-cap stocks’ relative performance, compared with their large-cap counterparts, was both their greater exposure to the financial services sector, which outperformed as long-term Treasury yields rose, and their relatively small exposure to the technology sector, which lagged. Small-cap stocks recorded most of their outperformance following the testimony of former U.S. FBI Director James Comey Thursday morning, and they continued their rally even after the United Kingdom’s general election results showed that Theresa May’s party fell short of gaining the majority in Britain’s Parliament. The major benchmarks ended mixed for the week. Friday brought about an abrupt change in market dynamics, as market-leading stocks such as Amazon, Facebook, and Apple sold off, while a rally early in the … Continue reading Weekly Global Market update (June 5th – June 9th)