Resurgence of economic concerns and increase in volatility = This week's US stock market

September 8, 2024 1:35 PM GMT+9 (excerpt)

In the US stock market, there is increasing uncertainty about the future of the economy due to employment statistics that are lower than expected. The market is already unstable due to speculation about monetary policy and the presidential election, as well as the cautiousness of high prices. There is a possibility that volatility will further increase in the future.
On the 6th, the S&P 500 index dropped by 1.7%. It is believed that the employment statistics released on the same day fell below expectations, and there is a growing view that the path to a soft landing is narrowing.
There are expectations of an interest rate cut at the Federal Open Market Committee (FOMC) on the 17th and 18th of this month, but concerns have resurfaced that the previous high interest rates are starting to weigh on the economy.