Equity markets ended the week a bit higher, with the Dow Jones Industrial Average gaining 1.43%, the S&P500 notching a 2.50% gain, and the NASDAQ ending up 3.25%. The continued positive momentum in the economy and lessening chances for another rate hike by the Federal Reserve in September added some needed optimism to the markets. Trading was quiet in front of the Labor Day Holiday Weekend, but things got back to normal this week. With less than four months of trading left in the year, Wall Street will be getting back to business. Watch for important market moves and salient economic releases as we move forward this week.

The Importance of Navigating Cybersecurity?

Essential Cybersecurity Measures for Clients (a five-part series)

By: Rob Ziobro, VNFA Assistant Vice President, Technologies

This week, I would like to remind you to Be Mindful of the Information You Share: Social media platforms encourage sharing, but oversharing can put you at risk. Cybercriminals can piece together personal information from various sources to orchestrate targeted attacks. Be cautious about what you post online, especially details like your full birthdate, home address, or vacation plans. 

Be sure to check back next week as we conclude this series. I hope you all had an enjoyable and safe Labor Day weekend.

Sources: Index Returns: Morningstar Workstation. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. Three, five- and 10- year returns are annualized excluding dividends. Interest Rates: Federal Reserve, Mortgage Bankers Association.

MARKET HEAT MAP

The health of the U.S. economy is a key driver of long-term returns in the stock market. Below, we grade key economic conditions that we believe are of particular importance to investors.

The “Heat Map” is a subjective analysis based upon metrics that VNFA’s investment committee believes are important to financial markets and the economy. The “Heat Map” is designed for informational purposes only and is not intended for use as a basis for investment decisions.

“There is something so special in the early leaves drifting from the trees–as if we are all to be allowed a chance to peel, to refresh, to start again.”– Ruth Ahmed

Tune in Wednesday, 6 PM for a pre-recorded “Your Financial Choices” show on WDIY 88.1 FM. Laurie will address questions submitted online during the next live broadcast.

Recordings of past shows are available to listen or download at both yourfinancialchoices.com and wdiy.org.