π Markets ended lower Friday, but all major indexes locked in August gains. The Nasdaq fell 1.2% and has now slipped two weeks in a row, though still +11% YTD. The S&P 500 dropped 0.7% but closed August +1.9%. The Dow lost just 0.3% Friday, finishing the month +3.2% near record highs.
β οΈ September is historically the weakest month, so investors should stay alert for sell signals.
π° Inflation data came in as expected, while political drama around Fed Gov. Lisa Cook continues. Attention now shifts to this weekβs job market data: JOLTS (Wed), ADP (Thu), and the key payrolls report (Fri).
π Sector moves were mixed β defensives like staples and health care outperformed, while tech and consumer discretionary lagged. Energy and gold miners showed strength.... Show More
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