Investment Week at a Glance
Stocks finished mixed last week. The Dow Jones Industrial Average was down 0.1%, the S&P 500 rose 0.3%, and the NASDAQ was up 0.6%. Foreign stocks (MSCI EAFE) were up 0.8% for the week. Bond prices were down for the week, with the 10-year U.S. Treasury yield ending the week at 4.78%. (Data source: Wall Street Journal)
Strong August Jobs Data Puts Rate Hike in Focus
On Friday, September 4th, the Bureau of Labor Statistics reported that the US economy added 162,000 jobs in the month of August. This number was well above economists’ estimates of 53,000 jobs. The report marked a sharp turnaround after the labor market appeared to be cooling in the early summer. This data, coupled with the fact that inflation is still running much higher than the Federal Reserve’s 2% target, significantly increases the odds of a rate hike from the central bank next week.
Major Inflation Gauges Set to Release Later This Week
On Thursday and Friday of this week, two major measures of inflation will be released for August. The Producer Price Index (PPI) will be released on Thursday, and expectations are that it will move considerably month over month as energy costs continue to remain high for businesses throughout the economy. To follow the PPI on Friday is the Consumer Price Index (CPI), which economists expect to rise 0.4% from the end of July. If these two major measures of inflation come in hotter than expected, it will give the Federal Reserve an even stronger case for tightening monetary policy and raising interest rates.
Dell Stock Up 310% This Year, and Nearly 1000% in the Last 5 Years.
Dell Technologies (DELL), one of the biggest technology infrastructure companies in the world, has been a major beneficiary of the AI spending boom in 2026, as the company’s stock price has risen 310% so far this year. In Dell’s latest earnings report, released on September 1st, the company reported earnings per share of $7.04, beating analysts’ consensus estimates by over 43% (Dell Investor Relations). Although the company’s stock has risen over 980% in the last five years, largely due to massive revenue increases, investors need to keep a close eye on future financial reports as the company’s profit margins remain relatively low compared with others in the technology sector (CNBC).
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Quiz
How much did Bitcoin rise in the month of August? (Scroll Down for Answer)
- 5%
- 10%
- 15%
- 20%
Answer:
4. 20%. Bitcoin and other major cryptocurrencies’ prices increased by over 20% in August. Despite still being down for the year, investors flocked back into alternative assets last month as Bitcoin neared a 1-year low and Ethereum reached its lowest level since October of 2023.
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