Emerging Markets

On Wednesday, September 20, the U.S. stock markets closed in red as the Federal Reserve opted to keep the federal funds rate from 5.25% to 5.5% during its September meeting. Most S&P 500 sectors ended lower, with communication services and information technology sectors posting the largest losses, while consumer staples, utilities, and real estate sectors showed slight gains.

On Tuesday, September 19, the U.S. stock markets closed lower, driven by risk-off sentiment, as the U.S. Federal Reserve began its highly anticipated two-day monetary policy meeting.

On Monday, September 18, the U.S. markets closed with a slight uptick, as stocks stayed relatively stable, with a heightened emphasis on assessing future interest rate trends. Most S&P 500 sectors ended positively on Monday, with energy and tech leading the gains, while consumer discretionary and real estate sectors saw declines.

On Friday, September 15, the U.S. markets ended lower, with S&P 500 and Nasdaq posting losses for the second consecutive week. U.S. stocks deepened their decline and ended lower following a week of varied economic data, with investors shifting their focus to the Federal Reserve's upcoming interest rate decision next week.

On Wednesday, September 13, the U.S. markets ended mixed as investors reacted to higher-than-anticipated August inflation data. The U.S. annual inflation rate climbed to 3.7%, surpassing the previous month's 3.2% and market expectations of 3.6%. Month-over-month, consumer prices rose by 0.6% in August, up from July's 0.2% growth.