US Stocks Trade Muted at Week End
2026-09-18 13:35
By
Andre Joaquim
1 min. read
US stock indices were muted on Friday, loosely holding yesterday's rebound as energy prices held their mid-week retreated and paused the momentum of a deteriorating macroeconomic backdrop.
The S&P 500, Dow, and Nasdaq 100 were flat.
Treasury yields in the longer end of the curve remained under the multi-decade highs touched earlier in the week as crude oil and product prices held off from stretching their rallies, while a unanimous rate hike by the FOMC tamed recent worries the central bank would be complacent to higher underlying inflation.
Alphabet gained 2.5% and Amazon rose 1%, extending the rebound for AI hyperscalers since benchmark credit costs topped earlier in the week.
AI infrastructure shares were mixed, somewhat recovering since worries over AI security risks drove markets to reconsider the pace of investment on datacenters and chips.
Meanwhile, banks edged lower with JPMorgan, Morgan Stanley, and Wells Fargo down 1%.