Japan’s CPI
Dow Hits Fourth Record Close Amid Strong Retail Sales, TSMC Boosts Chipmakers | Daily Market Analysis
Key events:
Tech Rally Propels S&P 500 to Record High After Fed's Bold Rate Cut | Daily Market Analysis
Key events: Japan - BoJ Interest Rate Decision UK - BoE MPC Member Mann Speaks Canada - BoC Gov Macklem Speaks Eurozone - ECB President Lagarde Speaks USA - FOMC Member Harker Speaks The S&P 500 surged to close above 5,700 for the first time ever on Thursday, fueled by gains in the tech sector, a day after the Federal Reserve kicked off its rate-cutting cycle with a significant 0.5% reduction.
S&P 500 Ends Seven-Day Rally as Fed's Rate Cut Sparks Volatility | Daily Market Analysis
Key events: UK - BoE Interest Rate Decision (Sep) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Sep) USA - Existing Home Sales (Aug) The S&P 500 ended a seven-day winning streak with volatile trading on Wednesday, as the Federal Reserve opted for a substantial 50 basis point rate reduction, the first such cut since March 2020.
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