Market Recap Week Ended August 18th

Daily Global Economic Summary - September 17, 2024

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V-shaped recovery The major U.S. stock indexes rallied, posting weekly gains ranging from around 3% to 6% that were nearly equal in magnitude to the previous week’s steep losses. Much of September’s volatility has been driven by the information technology sector, which dropped 7% to start the month before gaining back 7% in the latest week.

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