
US Stock Market indexes -- S&P 500, Dow Jones Industrial Average, Nasdaq -- are off to an uneven start to September, which has been the worst month for stocks on average over the past 35 years. A number of inflation data confronts U.S. stock investors in the coming week as markets grapple with fresh uncertainty over tariffs and government bond yields, while equities hover at lofty valuations. The benchmark S&P 500 index closed at a record high on Thursday despite Stocks were pulling back on Friday after the monthly U.S. employment report showed job growth weakened in August.
September has been known to see a wearing down of the sentiment picture, said Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments.
Investors face ongoing threats from trade and tariff unknowns as well as potential economic releases that could ultimately challenge elevated stock valuations, Anthony Saglimbene, chief market strategist at Ameriprise Financial, wrote in a commentary. "That said, investors have been navigating those dynamics for months, and stocks have continued to grind higher," Anthony Saglimbene said.
U.S. stocks briefly hit record highs on Friday before reversing course to trade lower, after data showing U.S. job growth cooled in August led investors to double down on bets that the Federal Reserve might cut interest rates later this month, maybe by as much as 50 basis points. The S&P 500 Index hit a record high of 6,532.65 points in early trade before pulling back to be down 0.32 per cent. The Dow Jones Industrial Average also hit a record high in the first few minutes of the trading day before retreating 0.5 per cent, while the Nasdaq Composite Index finished unchanged.
Q1. What are key indexes of US Stock Market?
A1. Key indexes of US Stock Market are S&P 500, Dow Jones Industrial Average, Nasdaq.
Q2. How much interest rate cut is expected from the US Federal Reserve?
A2. Federal Reserve might cut interest rates later this month, maybe by as much as 50 basis points.
September has been known to see a wearing down of the sentiment picture, said Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments.
Investors face ongoing threats from trade and tariff unknowns as well as potential economic releases that could ultimately challenge elevated stock valuations, Anthony Saglimbene, chief market strategist at Ameriprise Financial, wrote in a commentary. "That said, investors have been navigating those dynamics for months, and stocks have continued to grind higher," Anthony Saglimbene said.
U.S. stocks briefly hit record highs on Friday before reversing course to trade lower, after data showing U.S. job growth cooled in August led investors to double down on bets that the Federal Reserve might cut interest rates later this month, maybe by as much as 50 basis points. The S&P 500 Index hit a record high of 6,532.65 points in early trade before pulling back to be down 0.32 per cent. The Dow Jones Industrial Average also hit a record high in the first few minutes of the trading day before retreating 0.5 per cent, while the Nasdaq Composite Index finished unchanged.
FAQs
Q1. What are key indexes of US Stock Market?
A1. Key indexes of US Stock Market are S&P 500, Dow Jones Industrial Average, Nasdaq.
Q2. How much interest rate cut is expected from the US Federal Reserve?
A2. Federal Reserve might cut interest rates later this month, maybe by as much as 50 basis points.
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