Weekly Wall Street Cheat Sheet

September kicked off with all the grace of a bull in a china shop. The S&P 500 tumbled 2.9% over the week, closing at 4,458.23. The Dow Jones Industrial Average wasn’t far behind, shedding 2.7% to end at 34,576.59. But the real drama queen was the Nasdaq Composite, which plunged 3.6% to 13,761.53. Last week, the Treasury and bond markets experienced a notable shift, primarily driven by dovish signals from the Federal Reserve. Treasury yields generally moved lower, with the 10-year yield dropping 3 basis points to 3.73% and the 30-year bond yield falling 4 basis points to 4.02%. The ...