Weekly Market Summary.

The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.

Week ending 3rd April 2020. - 6th April 2020

Global equity markets closed lower today (Friday 3 April 2020), resulting in weekly declines: the FTSE-100 ended the week down 1.72%, while in the US the S&P 500 finished the week 2.08% lower.

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Week ending 27th March 2020. - 30th March 2020

Global equity markets rallied strongly this week on optimism that America’s $2tr fiscal stimulus will mitigate the economic impact of the coronavirus outbreak. For example, in the US, the Dow Jones rose nearly 13%, while the broader S&P 500 index ended the week just over 10% higher after recording its strongest three-day advance since the 1930s

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Week ending 20th March 2020. - 23rd March 2020

This week global equity markets extended the previous week’s losses amid heightened coronavirus uncertainty.

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Week ending 13th March 2020. - 16th March 2020

With the global equity market volatility we have seen over the past three weeks, it isn’t surprising if you, like many of our clients, are worried – and I would like to reassure you that your portfolios are diversified across a variety of asset classes.

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Week ending 6th March 2020. - 9th March 2020

It has been a wild week for global equity markets. Equities initially rose sharply – the S&P 500 index, for example, rose 4.60% on Monday (2 March 2020) and 4.22% on Wednesday (4 March 2020).

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Week ending 28th February 2020. - 2nd March 2020

As the coronavirus spread beyond Asia, the sell-off in equity markets did as well, with the FTSE-100 falling just over 11% during the week, while in the US, the Dow Jones fell over 12.36% and the S&P 500 nearly 11.5% – the most since 2008.

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Week ending 21st February 2020. - 24th February 2020

Apple this week warned that production and Chinese demand will miss its targets due to the coronavirus outbreak.

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Week ending 14th February 2020. - 17th February 2020

Most of the major equity markets extended last week’s rally, on hopes that the coronavirus outbreak is losing momentum.

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Week ending 7th February 2020. - 10th February 2020

Global equity markets rallied strongly this week on hopes that China is succeeding in containing the spread of the coronavirus and as a result the outbreak won’t significantly affect the global economy.

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Week ending 31st January 2020. - 3rd February 2020

Rising fears about the economic impact of coronavirus hurt global equity markets this week. China’s equity market ended up being closed all week as the Lunar New Year holiday was extended because of the coronavirus – no doubt Monday (3 February 2020) could look ugly as they play catch-up.

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