Stock Market Weekly update -Sep 6
We rallied again last week in the major indexes, with the Semis and Small-caps also moving up. The Nasdaq has yet to take out the May highs, which the SPX & DOW took out 5 weeks ago. LULU dropped to a multiyear low on earnings, Oil is back over $90, and Interest rates moved up again. The week ahead includes the CPI report on Friday, while markets will be closed on Monday. Dow tumbles more than 260 points after strong jobs report reignites rate hike fears U.S. payrolls rose 162,000 in August, much more than expected Median Sales Price of New Houses Sold for the United States (MSPUS) The week ahead: Quiet? 9th week of Earnings:.. Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate - moved up to 4.79% The Dollar - down a bit to 99.16 Gold - dropped again to $4427 Oil - rallied to $91.23 Bitcoin - rallied to 82k then back to around 80k National debt Also here - around $40.1T CPI Rate ...