| Tickers in this article: SPY, DIA, QQQ, IWM The U.S. market were mixed over the past week with technology stocks on the NASDAQ outperforming small-caps in the Russell 2000. While the U.S. economy continued its modest recovery during the third quarter thanks to a narrower budget deficit, Federal Reserve officials expressed concerns that it may be slowing with slower retail sales and rising fear among consumers. Many economists - including those at the Fed - still believe an interest rate hike is likely this year though.
International markets moved lower over the past week, as of Thursday's close. Japan's Nikkei 225 fell 0.34%; Germany's DAX 30 fell 0.73%; and, Britain's FTSE 100 fell 1.21%. In Europe, industrial output fell in August in sign that China's slowing growth and downturns in other developing economies are beginning to take a toll on the region's recovery. In Asia, Chinese stocks posted a marginal recovery amid speculation that the country would implement new stimulus later this month.
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