S&P 500 Worst Week Since 2023

This is a US news story, published by Yahoo Finance, that relates primarily to Nasdaq news.

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worst weekly return

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Inflation back in focus, Apple's iPhone event: What to know this week

Summary

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The S&P 500 suffered its worst week since the 2023 regional banking scare.

The Nasdaq 100 suffered the worst weekly return for the Nasdaq since 2022 .

The August jobs report showed the US economy added 142,000 nonfarm payroll jobs and the unemployment rate fell to 4.2% from 4.3% in July .

A fresh reading on inflation will headline the week ahead as investors continue to look for clues on how deeply the Federal Reserve will cut interest rates at its September meeting.

New York Fed one-year inflation expectations, August ( 2.97% previously); Wholesale inventories, July final ( 0.3% expected, 0.3% , July final) NFIB Small Business Optimism : August ( 93.7 expected, 93.7 previously) Real average hourly earnings, year-over-year , August ( +0.7% previously) Thursday Economic data: Initial jobless claims, week ending Sept. 7 .