Join Tom Bowley, Chief Market Strategist at EarningsBeats.com, as he provides an in-depth analysis of last week’s stock market performance. Discover how the S&P 500 was impacted by the Federal Reserve's decision to keep interest rates steady, with no assurances of a rate cut in September. Explore the effects of a disappointing jobs report and rising unemployment on Friday, and how these factors, combined with the Fed's stance, led to a significant decline in XLK and other growth stocks. Learn about the dramatic fall of the IWM following the Fed announcement on Wednesday. Stay updated with the latest market trends and insights!
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0:00 Introduction
0:31 Welcome
1:40 Fed Meeting Recap
5:45 Inflation Chart ($$CCPI)
8:02 Unemployment Rate ($$UNEMPRATE)
11:53 10-Year Treasury Yield Discussion
13:00 Rising Volatility?
16:23 USD Analysis
19:18 Different Sectors/Indices of the Market
27:36 S&P 500
28:30 NASDAQ 100
30:31 Technology Sector
31:50 Worst Performances in NASDAQ 100 Last Week
34:48 Russell 2000 ($IWM)
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