Investment Review №328. Waiting for change
Waiting for change
Investors interpreted weak labor market data for August as an argument for the Fed to cut interest rates in September.
S&P 500 Index as of 8 September 2025
| Ticker | Asset | Change over the week | Change over the month |
| SPY | S&P 500 | 0,59% | 1,83% |
| QQQ | NASDAQ100 | 1,48% | 0,75% |
| DIA | Dow Jones Industrial 30 | 0,02% | 3,23% |
| UUP | U.S. Dollar | -0,22% | -0,44% |
| FXE | Euro | 0,50% | 1,03% |
| XLF | Financials | -1,63% | 2,43% |
| XLE | Energy | -3,57% | 2,63% |
| XLI | Industrials | -0,49% | 0,29% |
| XLK | Technology | 0,91% | -0,41% |
| XLU | Utilities | -2,02% | -4,13% |
| XLV | Healthcare | 0,31% | 5,91% |
| SLV | Silver | 3,65% | 7,54% |
| GLD | Gold | 5,27% | 6,95% |
| UNG | Natural Gas | 2,57% | -0,30% |
| USO | Oil | -2,41% | -0,35% |
| VXX | VXX Index | -4,03% | -14,70% |
| EWJ | Japan | 3,42% | 3,89% |
| EWU | UK | 0,60% | 2,91% |
| EWG | Germany | -0,45% | -1,54% |
| EWQ | France | 0,94% | 0,73% |
| EWI | Italy | -0,80% | 0,96% |
| GREK | Greece | 1,22% | -1,86% |
| EEM | BRICS | 2,11% | 2,97% |
| EWZ | Brazil | 0,27% | 6,36% |
| RTSI | Russia | -1,69% | -3,21% |
| INDA | India | 1,75% | 1,48% |
| FXI | China | 1,36% | 4,70% |