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Just The Facts - Weekly Economic Video Recap - SEPT 28th

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Hindsight is insight.

Click the video to learn get a quick recap of last week's economic activities.

How did the U.S performed in Q3?

Are home prices increasing and is there enough inventory?

Is consumer spending poised for a decline?

Will there be more interest rates hikes for 2019?

Click the video to get the facts. 

Market Wrap Up - 

  • U.S. Markets  The major U.S. indexes ended mixed for the second week.  The technology-heavy Nasdaq Composite recorded a solid gain, while most of the other benchmarks declined.  

  • The Dow Jones Industrial Average fell 285 points, or -1.1%, closing at 26,458. The NASDAQ held above the 8,000-level rising 59.4 points to close at 8,046, a gain of 0.74%.  

  • By market cap, the large cap S&P 500 index declined -0.54%, while the mid cap S&P 400 and small cap Russell 2000 fell -1.1% and -0.9%, respectively.

  • International Markets  Canada’s TSX finished down -0.9%, while the United Kingdom’s FTSE added 0.3%.  

  • On Europe’s mainland, France’s CAC 40 was essentially flat, down just -0.01%, while Germany’s DAX fell -1.5%.  

  • China’s Shanghai Composite and Japan’s Nikkei added to last week’s gains by rising an additional 0.9% and 1.1%.  As grouped by Morgan Stanley Capital International, developed international markets finished down -0.9%, and emerging markets were off -0.7%.

  • Commodities  Precious metals were mixed for the week as Gold was off -0.4% at $1196.20 an ounce, but Silver gained 2.5% to $14.71 an ounce.

  • In energy, West Texas Intermediate crude oil rose 3.5% or $2.47 to end the week at $73.25 per barrel.

  • Copper, seen as a barometer of global economic health due to its variety of industrial uses, retreated -1.8% last week.

    If you found this to be valuable, make sure to connect with Sonia on LinkedIn to get next week's recap and say "Hello."