CBOE''s Weekly Market Recap: September 5 to September 9
Following three weeks of consecutive decline, the world’s markets showed some signs of positivity last week. Cboe Global Markets Inc. (BATS: CBOE) reports that all the exchange-traded funds (ETFs) and indices recorded in this series have experienced a price ascension last week. The SPDR SP 500 ETF (NYSEARCA: SPY), which is perhaps the most notable of these, increased 3.66%, dwarfing the prior week’s 3.22% decline. Price ascensions seen in the equities market have been mimicked in trends on the cryptocurrency scene. Both Bitcoin and Ethereum experienced price ascensions greater than 5% last week, leading investors to wonder whether the bottom has finally been reached. Despite the positive signs, investors will do well to note important economic figures due for release next week, including the consumer price index (CPI), the Federal Budget, Retail Sales and Business Inventories. It’s generally accepted that these figures will dictate the trajectory of the market and show signs of where the economy is heading.
CBOE''s Weekly Market Recap: September 5 to September 9
Following three weeks of consecutive decline, the world’s markets showed some signs of positivity last week. Cboe Global Markets Inc. (BATS: CBOE) reports that all the exchange-traded funds (ETFs) and indices recorded in this series have experienced a price ascension last week. The SPDR SP 500 ETF (NYSEARCA: SPY), which is perhaps the most notable of these, increased 3.66%, dwarfing the prior week’s 3.22% decline. Price ascensions seen in the equities market have been mimicked in trends on the cryptocurrency scene. Both Bitcoin and Ethereum experienced price ascensions greater than 5% last week, leading investors to wonder whether the bottom has finally been reached. Despite the positive signs, investors will do well to note important economic figures due for release next week, including the consumer price index (CPI), the Federal Budget, Retail Sales and Business Inventories. It’s generally accepted that these figures will dictate the trajectory of the market and show signs of where the economy is heading.