| Tickers in this article: SPY, DIA, QQQ, IWM The U.S. markets moved lower over the past week, as of Thursday's close, despite the Federal Reserve's decision to keep interest rates steady. Small-cap stocks in the Russell 2000 were among the worst performers, while industrials in the Dow Jones fared slightly better. Investors are betting that the central bank will raise rates later this year, capping any major moves higher, while weaker-than-expected August home re-sales has led to some concerns about the future of the housing market.
International markets moved largely lower over the past week, as of Thursday's close. Japan's Nikkei 225 fell 2.76%; Germany's DAX 30 fell 4.93%; and, Britain's FTSE 100 fell 2.37%. In Europe, the ECB warned that slowing growth in China and other large developing economies could weaken demand for exports, although the impact in September was modest. In Asia, investors remain concerned with the scope of China's economic slowdown due to its widespread impact on others.
Refine Your Financial Vocabulary Sign up to receive our FREE Term of the Day newsletter. Gain a better understanding all things financial with technical and easy-to-understand explanations. Click here to begin developing your financial language with this daily newsletter. Charts courtesy of stockcharts.com Disclosure - At the time of writing, the author did not own shares of any company mentioned in this article.
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