Market Report Sep 19 2023
Monday's stock market performance was varied, coming from Friday's retreat. Major indices stabilised after retracing from their daily peaks, echoing the trajectory of the mega-cap equities we discussed previously.
The market's tentative stance can be attributed to the upcoming FOMC meeting on Wednesday. No rate adjustment is widely anticipated, although we should still prepare ourselves.
AAPL seemed to have bolstered the major averages, positively responding to analyst remarks.
Javid Shaik
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