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- Stocks: The final trading day of the summer was bad as a selloff in technology stocks took indexes down from recent all-time highs.
- Fed drama: A judge did not issue a ruling on Fed Governor Lisa Cook’s bid for a temporary restraining order against President Trump, delaying it a few more days and leaving Cook in limbo.
- Commodities: Gold hit a new all-time high as traders worried about the possibility of the Federal Reserve losing its independence.
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Filed under: "Ask-an-Advisor", business, finance, Investing, Portfolio Management | Tagged: commodities, fed, Federal Reserve, FOMC, gold, indexes, Lisa Cook, Powell, stocks, Trump |
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