Edward Jones - Financial Advisor: Dominick E. Profaci

Markets continue to be guided by the outlook for upcoming Fed rate hikes, so with the latest consumer price index report indicating that inflation is not declining as fast as hoped, stocks fluctuated widely last week. More broadly, we continue to hold the view that inflation is on a downward path, eventually allowing the Fed to ease back on restrictive policy, which we believe will be the catalyst for a more enduring market rebound. This week's Market Wrap looks at the characteristics of market downturns and the longer-term performance that follows.

Weekly market wrap A summary of last week's market highlights and economic news.

September left a bitter taste for investors as major indexes ended at a new low for the year. However, markets kicked off the new quarter on a more upbeat note, with the S&P 500 logging its biggest two-day rise since April 2020 before giving back some of those gains later in the week. Could this rebound from the lows have legs, or will it prove to be another bear market rally? We examine what the underlying conditions suggest and provide our take on the September jobs report.

Weekly market wrap A summary of last week's market highlights and economic news.

The Fed was in focus this week with the stock market recoiling and interest rates moving higher as investors digested the prospects of more aggressive rate hikes ahead as part of the Fed's mission to bring down elevated inflation. While renewed market volatility has been challenging, our latest Weekly Market Wrap highlights the latest developments and reasons investors can be optimistic about what comes next.

Weekly market wrap A summary of last week's market highlights and economic news.