7. Weekly Market Recap: Key Movements & Insights
October Optimism: Will This Traditionally Tough Month See New Market Records?
π Market Alert: Labor Data & Tech Sector in Spotlight
Investors, brace for a crucial week! π Labor market data takes center stage as the S&P 500 holds steady after a 12.2% rally from August lows. Key watch:
ISM Manufacturing and Services PMIs
September Employment Report
These could shape Fed policy and growth outlook.
π» Tech stocks remain weak, underperforming other sectors.
π΄ Yen strengthened against the dollar (USD/JPY was down 1.8% to 142.25) following Shigeru Ishiba's LDP leadership win. This echoes August's market dislocation from unwinding yen-carry trades.
With China's recent stimulus in play, next week's data may trigger bullish or bearish moves. Stay alert! ππ
Index Insights: How Major Benchmarks Performed Last Week
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