The market posted a mostly positive week, led by gains in the Nasdaq (+2.0%) and the S&P 500 (+1.6%), while the Dow Jones Industrial Average (+1.0%) and Russell 2000 finished with more modest results. The Russell 2000 (+0.3%) and S&P MidCap 400 (-0.4%) underperformed, highlighting the market\u2019s reliance on mega-cap strength. The S&P 500 Equal Weight Index (+0.3%) lagged the market weighted index, further underscoring the influence of the largest components.<\/p>\n\n\n\n
The technology sector (+3.1%) was the standout sector this week, fueled by strong moves in the mega-caps and strength in the semiconductor group. The Vanguard Mega Cap Growth ETF (+2.0%) reflected this dynamic, while the PHLX Semiconductor Index (+4.2%) climbed in response to AI-related enthusiasm and company-specific gains.<\/p>\n\n\n\n
Oracle\u2019s (+25.5%) remarkable mid-week surge following its report propelled the technology sector and created volatility across the \u201cmagnificent seven,\u201d emphasizing the outsized influence of single company moves. Tesla (TSLA, +12.9%) and Broadcom (AVGO +7.5%) were among other notable mega-cap moves.<\/p>\n\n\n\n
The week\u2019s economic data mostly reinforced expectations that fed will begin to lower interest rates. While the August PPI print came in slightly hotter than expected (0.4% vs consensus of 0.3%), and Core CPI met expectations at 0.3%, a 27,000 spike in initial jobless claims to 263,000, their highest level since October 2021, bolstered the market’s current rate cut expectations through the end of the year. <\/p>\n","protected":false},"featured_media":15928,"template":"","categories":[479,666],"tags":[696],"class_list":["post-21909","opinion-article","type-opinion-article","status-publish","has-post-thumbnail","hentry","category-research-en","category-financial-analysis","tag-informe-semanal-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/opinion-article\/21909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/opinion-article"}],"about":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/types\/opinion-article"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/media\/15928"}],"wp:attachment":[{"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/media?parent=21909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/categories?post=21909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/creandgroup.com\/en\/wp-json\/wp\/v2\/tags?post=21909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}