Market Recap Week Ended September 13, 2024
Personal Investor
September 16, 2024
V-shaped recovery
The major U.S. stock indexes rallied, posting weekly gains ranging from around 3% to 6% that were nearly equal in magnitude to the previous week’s steep losses. Much of September’s volatility has been driven by the information technology sector, which dropped 7% to start the month before gaining back 7% in the latest week.
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