Market reviews
A Weekly Market Summary every Monday: how the major indexes and commodities closed the week, alongside the key economic and geopolitical developments influencing the markets.
Every edition on one line
61 editions since 13 January 2025. The line is the closing price of the instrument chosen below, as published in each edition. Drag or scroll sideways, point at a week to see its edition and open it.
S&P 500, closing price in each edition · latest 7,580.07 · high 7,811.54 · low 5,638.94
- Weekly Market Summary
- Weekly Commentary
- No edition that week
- Closing price as published in each edition
Latest edition
Closing of Friday 30 October 2026
2 November 2026
- Elections, employment data and earnings put markets to the test
- OPEC+ holds December targets steady as uncertainty clouds 2027
- Technology earnings and jobs report follow a difficult October for stocks
| Index | Closing Price | Daily Change | Change as a bar | 2026 editions |
|---|---|---|---|---|
| S&P 500 | 7,580.07 | -1.82% | ||
| Dow Jones | 51,770.31 | -1.09% | ||
| Nasdaq | 25,437.00 | -2.86% | ||
| Euro Stoxx 50 | 6,131.31 | -1.22% | ||
| FTSE 100 | 10,729.78 | 0.07% | ||
| Shanghai | 3,599.02 | -1.44% | ||
| MOEX Russia | 2,509.26 | 0.52% |
Year in the editions
Closing prices as published in the 2026 summaries, from Fri 02 January to Friday 30 October 2026. Weeks without an edition are left as gaps in time. Point at a line to see each figure.
Closing prices as published in the 2025 summaries, from Fri 28 Feb to Fri 26 December. Weeks without an edition are left as gaps in time. Point at a line to see each figure.
All editions
2026
October
- 26 OctoberEurope’s changing energy mix helps cushion the economic shockMarkets face a demanding week of rate decisions and technology earningsIsrael’s central bank challenges proposed cryptocurrency response to sanctions
- 19 OctoberIMF members seek greater support for economies facing war and energy shocksAI financing concerns weigh on stocks as investors reassess riskTSMC reports record profit amid strong demand for AI hardware
- 12 OctoberEU–China agreement links car imports with access to critical materialsEuropean technology funding rebounds, led by cloud and AICorporate developments reshape telecom, healthcare and airline valuations
- 5 OctoberUS hiring slows sharplyOil producers hold output steady as G7 prepares reserve releaseGermany expands Ukraine support through defence and energy projects
September
- 28 SeptemberTrade tensions and the global economyGeopolitics → oil → inflation → financial marketsGlobal bond market sell-off and rising borrowing costs
- 21 SeptemberOil, war and inflation: the financial impact of the Iran conflictThe Fed and the return of a higher-rate financial environmentEurope’s energy vulnerability and the global fuel market
- 14 SeptemberU.S. Federal Reserve raises rates as inflation remains stubbornBRICS seeks greater economic influence amid geopolitical tensionsOil shock becomes a longer-term threat to global markets
- 7 SeptemberGlobal bond-market selloff and the return of inflation riskU.S. employment, the Federal Reserve and political pressureOil, the Strait of Hormuz and global markets
August
- 31 AugustGlobal bonds, oil and interest rates come under pressure2. The Strait of Hormuz and the global economic consequences3. China, Europe and the politics of trade imbalances
- 3 AugustGlobal Economic Growth Fractures Under Geopolitical Tension and War ImpactsShifting Foreign Policies and Geopolitical Friction Heighten Credit Risks in Emerging MarketsFederal Reserve Holds Policy Rates Steady as Supply Shocks Keep Inflation Pressure Elevated
July
- 20 JulyIMF lowers 2026 global growth forecast to 3%, sees rebound in 2027Tariff refunds push U.S. June budget deficit to $120 billionIMF strategy chief calls for price stability and credible fiscal policy
- 13 JulyIMF Lowers Global Growth Forecast as Geopolitical Risks IncreaseAI Investment Emerging as a Driver of Economic StrengthGeopolitics Reshaping Global Trade Networks
- 6 JulyEuropean Stability Mechanism Warns of Recession Risk from Combined Geopolitical and Market ShocksAI Emerges as a Key Financial Stability Challenge for Central BanksInvestors Place Greater Emphasis on Geopolitical Risk Analysis
June
- 29 JuneSovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGeopolitical Risk and Financial StabilityGlobal Economics Intelligence – Executive Summary
- 22 JuneIndia Pushes for Preferential Trade Terms in U.S. NegotiationsChina's Growing Financial Influence in Africa Through Yuan-Based TradeMarkets Reassess Geopolitical Risk After Middle East Tensions Ease
- 15 JuneU.S.–China Trade Relations: Fragile Truce, Persistent Economic RisksOil Markets Rally on Prospects of a U.S.–Iran Peace FrameworkIndia's Inflation Surge Reveals Global Energy Vulnerabilities
- 8 JuneChina's Export Boom Faces Sustainability QuestionsJapan's Economic Recovery Meets Geopolitical HeadwindsOPEC+ Raises Output While Energy Markets Remain Under Pressure
- 1 JuneAI Boom Creates New Financial and Energy RisksCentral Banks Continue Massive Gold AccumulationTrade Wars and Geopolitical Tensions Return to Markets
May
- 25 MayGlobal Markets Rally on Middle East Peace HopesChina Expands Economic Countermeasures During U.S. Trade TruceIMF Warns Geopolitical Conflict Could Destabilize Financial Markets
- 18 MayFederal Reserve Independence and Global Market StabilityAI Boom Is Becoming an Energy and Infrastructure Investment StoryCentral Banks Continue Expanding Gold Reserves Amid Geopolitical Uncertainty
- 11 MayIMF Warns Global Economy Is Moving Toward a Worse-Case ScenarioOil Markets Surge as U.S.–Iran Tensions EscalateBIS Warns Governments About Debt and Inflation Risks
- 4 MayECB Holds Rates Amid Geopolitical ShockIMF Warns of Rising Fiscal Risks from Energy CrisisGlobal Economy Slows Under “Shadow of War”
April
- 27 AprilGlobal Economic Forecast: Growth in the Shadow of ConflictThe Energy Crisis: LNG and the Strait of Hormuz BlockadeFinancial Resilience: Markets vs. Geopolitical Shocks
- 20 AprilGlobal M&A Rebounds Despite Geopolitical ShockUK Faces Recession Risk Amid Energy Shock and War FalloutGlobal Markets Under Pressure from Supply Chains and Energy Risks
- 14 AprilEnergy Markets Under Pressure: The Strait of Hormuz CrisisGlobal Finance Squeeze: The UN Warning on Economic FragmentationCorporate Earnings vs. Geopolitical Headwinds
- 6 AprilThe war's economic impact could get worse for Americans”“Fed's Musalem sees no imminent need to change monetary policy stance”“Iran war may increase mortgage payments for extra 1.3m households, says Bank of England”
March
- 30 MarchIsrael’s Economic Outlook Tied to Ongoing ConflictBig Tech Faces Financial Pressure Amid Rising Borrowing CostsEnergy Shock and Geopolitics Drive Global Inflation Risks
- 23 MarchGlobal Energy Volatility and the Middle East CrisisEurope’s Pivot to Tokenized Capital MarketsThe 2026 Shift: Policy over Price in Global Trade
- 16 MarchMiddle East conflict shakes oil markets and inflation outlookTrade” fails as Iran war changes investor assumptionsIran expands conflict into economic warfare targeting Gulf hubs
- 9 MarchMiddle East Conflict Raises Global Inflation RisksEurozone Investor Confidence Falls Amid War-Driven UncertaintyInvestors Move Toward “Shock-Absorber” Assets During Market Uncertainty
- 2 MarchGeopolitical Tensions Fuel Market Fragility ConcernsIran war tears through stocks as jittery investors rush to secure assetsThis is the future of money, according to four experts
February
- 23 FebruaryFinancial Brief: A Weekly Roundup on the Geopolitics of MoneyGlobal Economics Intelligence executive summaryEuro uses Trump-shaped world order to encroach on U.S. financial power
- 16 FebruaryFinance Risks Global Trade, Impacting Developing CountriesThe Geopolitics of Global GrowthA Weekly Roundup on the Geopolitics of Money
- 9 FebruaryGold hits record above $5,100 as investors seek safe havensGlobal trade finance gap remains huge amid geopolitical tensionsFinance can put trade at risk, leaving global economy “on the brink”
January
- 26 JanuaryIMF Raises 2026 Global Growth Forecast as AI Bolsters EconomyWorld Markets Jolt After Trump Announces Tariffs on EuropeUN Trade Report Warns Finance Risk Could Hit Global Economy
- 19 JanuaryIMF Raises 2026 Global Growth Forecast as AI Bolsters EconomyWorld Markets Jolt After Trump Announces Tariffs on EuropeUN Trade Report Warns Finance Risk Could Hit Global Economy
- 5 JanuaryFinance can put trade at risk, leaving the global economy ‘on the brink’The Geopolitics of Global GrowthGold and Silver Hit All-Time Highs as Geopolitical Tensions Rise
2025
December
- 29 DecemberGlobal financial system must adapt to better serve economyHow rising geopolitical risks weigh on asset pricesRapidly shifting geopolitical environment could test euro area financial stability
- 22 DecemberGlobal financial system must adapt to better serve economyHow rising geopolitical risks weigh on asset pricesRapidly shifting geopolitical environment could test euro area financial stability
- 15 DecemberGlobal finance risk and trade vulnerabilityWeekly economics roundup from DeloitteEU financial markets still vulnerable to geopolitical uncertainty
- 8 DecemberThe Credit Implications of the Emerging Global OrderMapping the Uneven Impact of Geopolitical Risk in EuropeOECD Forecasts Global Economic Resilience Despite Trade Barriers
- 1 DecemberGeopolitics and the Global Financial SystemGeopolitical Risk and Financial Stability in EuropeGlobal Risks and US-China Tech Competition
November
- 24 NovemberJPMorgan launches ‘special forces’ unit to protect clients from political risksIMF warns of rising odds of 'disorderly' global market correction
- 17 NovemberIMF lifts growth outlook on more benign tariffs as revived US-China trade war loomsGeopolitics worries banks more than inflation, survey findsTurbulent times: geopolitical risk and its impact on euro area financial stability
- 3 NovemberFinance at War: How Conflict Redefines the Global EconomyTurbulent times: geopolitical risk and its impact on euro area financial stabilityHow Rising Geopolitical Risks Weigh on Asset Prices
October
- 20 OctoberFinance at War: How Conflict Redefines the Global EconomyTurbulent times: geopolitical risk and its impact on euro area financial stabilityHow Rising Geopolitical Risks Weigh on Asset Prices
- 13 OctoberIMF says financial stability risks increased significantly amid trade turmoilUnder shadow of Trump warning, Africa pioneers non‑dollar payments systemsUK CFOs worry about competitiveness and rising costs, Deloitte says
- 6 OctoberWhy banks are all-in on open source”How sustainable finance creates impact: transmission mechanisms to the real economyOn the impact of publicly available news and information transfer to financial markets
September
March
- 17 MarchEU deals new blow to Russia as sanctions on aluminium and Shadow Fleet approvedAsian markets sink as Trump tariffs, China curbs stunt rallyCitigroup eyes US$500 billion in outbound investments from China and East AsiaRussia makes billions despite sanctions
- 3 MarchEU deals new blow to Russia as sanctions on aluminium and Shadow Fleet approvedAsian markets sink as Trump tariffs, China curbs stunt rallyCitigroup eyes US$500 billion in outbound investments from China and East AsiaRussia makes billions despite sanctions
February
- 17 FebruaryWeekly CommentaryLast week, U.S. stock indices showed positive dynamics: the S&P 500 index rose by 1.5%, and the Nasdaq gained 2.9%. The European EUR STOXX 50 index added 3.2%. Brent crude oil prices increased by $0.1, closing at $74.7.
- 10 FebruaryWeekly CommentaryOver the past week, U.S. stock indices showed neutral dynamics: the S&P 500 declined by 0.2%, while the Nasdaq edged up by 0.1%. In Europe, the EUR STOXX 50 index gained 0.7%. Brent crude oil prices fell by $2.1, closing at $74.7 per barrel.
- 3 FebruaryWeekly CommentaryLast week, U.S. stock indices showed negative dynamics: the S&P 500 declined by 1.0%, while the Nasdaq fell by 1.4%. In contrast, the European EUR STOXX 50 index rose by 1.3%. Brent crude oil prices dropped by $1.7, closing at $76.8.
January
- 27 JanuaryWeekly CommentaryLast week, U.S. stock indices demonstrated positive performance: the S&P 500 rose by 1.7%, and the Nasdaq gained 1.6%. The European index, EUR STOXX 50, increased by 1.4%. Meanwhile, the price of Brent crude oil fell by $2.3, closing at $78.5.
- 20 JanuaryWeekly CommentaryLast week, U.S. indices showed positive dynamics: the S&P 500 index rose by 2.9%, the Nasdaq by 2.8%. The European EUR STOXX 50 added 3.4%. Brent crude oil prices increased by $1.0, closing at $80.8.
- 13 JanuaryWeekly CommentaryLast week, U.S. indices showed negative dynamics: the S&P 500 dropped by 1.9%, while the Nasdaq fell by 2.2%. In contrast, the European index EUR STOXX 50 gained 2.2%. Brent crude oil prices increased by $3.3, closing at $79.8.
Risk Warning
Luna Wealth Asset Management Ltd is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Investing in financial instruments involves risks, including the potential loss of some or all of the capital invested. The value of investments and any income derived from them may fluctuate, and investors may receive less than their original investment.
Past performance is not a reliable indicator of future results. Any forecasts, projections or estimates are illustrative and do not constitute a guarantee of future performance.
Investments may be exposed to market risk, credit risk, liquidity risk, currency risk, interest rate risk, counterparty risk and operational risk. Certain financial instruments, including derivatives, structured products, private equity investments and other complex or illiquid instruments, may involve additional risks and may not be suitable for all investors.
Where leverage is involved, losses may exceed the initial amount invested, depending on the nature and terms of the financial instrument.
The Company does not guarantee investment returns or the preservation of invested capital. Investment decisions should be made with due consideration of the investor’s financial circumstances, investment objectives, knowledge, experience and risk tolerance.
Before investing, clients should carefully review the relevant contractual documentation, financial instrument disclosures and applicable risk information.
Investors should not invest funds that they cannot afford to lose.