Wall Street report for week 45 of 2021
In this blog post, I want to discuss and share the performance data for Wall Street and its investors based on the movements of their crucial indices. That includes Dow Jones Industrial Average, Nasdaq Composite, and S&P 500.
It’s actually not good to see almost all these above-mentioned indices end the week in red with an extremely bumpy movement in points throughout all trading days and sessions. This also comes as the effect of the mid-week crisis that was visible in the Asian Markets.
You see, this is how it works, and that’s why it is important to look at the main markets and indices at the end of every week. It gives you the idea of how they are interconnected when it comes to either going up or down in value and performance.
Now to the topic of this post, below is the graphic representation and breakdown of numbers to look at and understand.
Dow Jones Industrial Average:
As it is visible the Dow Jones index has seen a continuous slide in points throughout the week and has lost around 316 points to end in red. The index has tried to recover in the last two days of the week but couldn’t actually pull it off with not enough bullish momentum. We can only hope to see the recovery in the last two days to continue in the upcoming week too to see the index perform well again.
Nasdaq Composite:
The Nasdaq has also had a rough week with a steep slip of points at regular intervals to lose around 134 points and land in the red zone. The recovery that you can see in the graph was not quick enough to bring the index back on track. Even though it was a good and decent upward trend of 300 something points. Not to worry much about Nasdaq Composite since the trend for the past month is still in a strong bullish move.
S and P 500:
Out of these three indexes that we are looking at now, S and P 500 have gone through the quickest drops in points to end the week in red, but only with a minimal loss of points in comparison with the previous week's performance. The index has also come back well in the last two days and will probably continue to move in an upward trend in the next week too.
Most of the market and index's bumpy performance across multiple continents in the past week seems to be the result of issues with the global supply chain for the upcoming holiday season.
Things are pretty unclear now, and I can only get some idea about it with some insights into the American retail market in the upcoming days and weeks.
Let’s hope for nothing but the best.
Thank you for reading this, and God Bless Everyone.
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Intro About Myself
Name: Tabbrez
Bio: Genius, Polymath, Entrepreneur, Philosopher.
Website: tabbrez.com
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