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Home Markets Equities Stock Market

US Equities: Weekly Round up

...everything you need to know that happened with US equities

Ajibola Akamo by Ajibola Akamo
July 3, 2022
in Stock Market
U.S Stocks set to surge higher, on hopes of a stimulus package deal, What Does The Circuit Breaker Tell Us

Trader Trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of the trading day Monday, March 16, 2020. (AP Photo/Craig Ruttle)

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Overview

The U.S. market returned to losing ways on the back of a bullish trading week for U.S. stocks as the major indexes have returned to post losses for the last week of June.

The New York Stock Exchange (NYSE) All Share Index (ASI) lost 1.18% for the week. The NYSE has now ended a three-week losing streak the week prior. It opened, trading at 14,811.50 basis points and it closed the week trading at 14,636.80 basis points. Of the five trading sessions seen during the week, the NYSE posted loses for three of the trading sessions, and Friday’s rally was not enough to win over bears as they dominated the week.

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Ajibola Akamo

Ajibola Akamo

Ajibola Akamo is an Investment Analyst, Financial Analyst, Economist and Accountant. You may contact him via his email ajibolaakamo@yahoo.com

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Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

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