5. Weekly Market Recap: Key Movements & Insights
Bulls Take Charge: All Indexes Rally with Nasdaq Leading the Pack
The financial markets demonstrate significant strength as investors anticipate the Federal Reserve's upcoming monetary policy meeting. The S&P 500 index is approaching its July record high, despite recent market fluctuations driven by economic concerns and shifting interest rate expectations.
Key market indicators for the week ending September 13:
• Nasdaq (QQQ): +5.79%
• S&P 500 (SPY): +3.94%
• Russell 2000 (IWM): +4.33%
The Federal Reserve's September 17-18 meeting is the focal point for investors. Market sentiment regarding the magnitude of potential interest rate cuts has been volatile. According to CME's FedWatch Tool, expectations are evenly split between a 25 and 50 basis point reduction.
Index Insights: How Major Benchmarks Performed Last Week
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