Weekly Financial Market Update September 14, 2018

The S&P 500 Index ended its four-day losing streak last Monday and proceeded to record daily gains through the rest of the week on its way to a 1.2% weekly advance. With second quarter earnings season over, investors focused this week on economic data, central bank meetings, and Hurricane Florence. 

Markets received updates from the central banks in Europe and England this week. European Central Bank President Mario Draghi said they plan to begin raising interest rates next fall and end bond purchases this year. 

Learn more about domestic economic data released last week and the anticipated effects of Hurricane Florence in our weekly financial market update.