Trading Day: Shrugging off a volatile September, markets shuffle into Q4
New York, September 30 - US equities fluctuated on Wednesday, navigating a mix of information. Moderate inflation figures dampened Federal Reserve speculation of a September rate increase, whereas robust GDP, consumer spending, and employment data highlighted economic stamina. Nevertheless, heightened crude prices sustained inflation concerns, while long-term Treasury yields climbed for the seventh consecutive day.
The S&P 500 and Dow Jones fell over the week, while the Nasdaq improved. For the quarter, both indices experienced gains, but the Dow closed the July-September period lower.
Written by urgent.news from CNA - Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
