SPY News: Inflation back in focus, Apple's iPhone event: What to know this week - 8th Sep 2024, 9:31pm

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The S&P 500 just suffered its worst week since the 2023 regional banking scare as a mixed August jobs report failed to reinvigorate investor appetite.

In the holiday-shortened trading week, the S&P 500 (^GSPC) slid more than 4% while the Nasdaq Composite (^IXIC) tumbled nearly 6%. The Dow Jones Industrial Average (^DJI) dropped almost 3%. The first week of September also marked the worst weekly return for the Nasdaq 100 since 2022, led by a more than 12% decline in Nvidia stock (NVDA).

A fresh...

>>> Read more: Inflation back in focus, Apple's iPhone event: What to know this week
 
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