Investors focused on the FOMC’s 2-day meeting
Global equity markets were under pressure last week with rising energy prices, escalating U.S.-Iran hostilities, and another leg higher in Treasury yields. U.S. equities gave back much of the gains from the prior week, with the S&P 500, Nasdaq 100, and Russell 2000 all slipping a little Tuesday through Thursday before regaining some ground on Friday. The selloff was relatively orderly, with the market continuing to focus on whether the increase in energy prices represents a temporary
geopolitical shock or the beginning of a more persistent inflation problem.
September 16, 2026
