In partnership with

Welcome Back,

Market Headlines 👀 

• U.S. Federal Reserve governors are set to meet for the FOMC, where they’re expected to begin the interest rate cutting cycle.

• Tesla (TSLA) Musk unveils nearly $1B share purchase—first open market buy since 2020.

• TikTok U.S. and China have agreed on a new framework to keep TikTok operating in the U.S; talks to continue on Friday.

• Alphabet (GOOGL) becomes the fourth company to reach the $3t market cap milestone, reaching all time highs today.

• RobinHood (HOOD) announces ‘Robinhood Ventures’ a new fund to help retail gain access to private companies.

Earnings 💸

• FedEx (FDX) earnings Thursday.

A note from The Pacaso 📣

Keep This Stock Ticker on Your Watchlist

They’re a private company, but Pacaso just reserved the Nasdaq ticker “$PCSO.”

No surprise the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. What is unique is Pacaso is giving the same opportunity to everyday investors. And 10,000+ people have already joined them.

Created a former Zillow exec who sold his first venture for $120M, Pacaso brings co-ownership to the $1.3T vacation home industry.

They’ve generated $1B+ worth of luxury home transactions across 2,000+ owners. That’s good for more than $110M in gross profit since inception, including 41% YoY growth last year alone.

And you can join them today for just $2.90/share. But don’t wait too long. Invest in Pacaso before the opportunity ends September 18.

Invest While You Still Can

_{Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.}

S&P 500 Heatmap 🔥 

Movers and Shakers 📷 

📈 Top Gainers

❇️ $TSLA ( ▼ 2.12% )(Tesla): Rose after news that CEO Elon Musk purchased $1 billion worth of company shares and optimism around U.S.-China trade headlines.
❇️ $STX ( ▲ 1.54% )(Seagate Technology): Advanced as enthusiasm grew for its new hard disk drive aimed at data centers supporting artificial intelligence.
❇️ $GOOGL ( ▲ 1.0% )(Alphabet): Continued its rally, reaching a $3 trillion market valuation for the first time ever.
❇️ $INTC ( ▲ 22.77% )(Intel): Gained after announcing the sale of a majority stake in its programmable chip unit, alongside lowered operating expense guidance.

🔻 Top Decliners

🔻 $NVDA ( ▲ 3.49% )(Nvidia): Declined after Chinese regulators opened an anti-monopoly inquiry regarding its past acquisition deals.
🔻 $DIS ( ▼ 1.07% )(Disney): Dropped as analysts flagged ongoing concerns about streaming growth and near-term earnings pressures.

this section is powered by AI

Recap Around the Street 🧠

The S&P 500 continues to melt higher, defying consensus expectations of weaker September returns. Could we be seeing front running of a Santa rally? The index is slightly overbought, which could usher in some chop (as it did back in July, very briefly). Positioning is a key driver of further upside, as institutions remain merely neutral this market even after an extraordinary 5 months. (Contributed by Cameron Dawson, CIO at NewEdge Wealth).

Here's the expected percentage move in the market for Wednesday, when the anticipated rate-cutting cycle is set to begin

Market Preview 🎞️ 

• Tuesday, September 16th: Business inventories; Export Prices; Retail sales

• Wednesday, September 17th: MBA mortgage applications index; Business permits; US Fed FOMC meeting remarks

• Thursday, September 18th: Weekly US jobless claims; Philadelphia Fed index

• Friday, September 19th: Quad witching options expiration; S&P 500 rebalance

Enjoy reading?👇

That’s all for today, folks! We’ll be back around the same time Wednesday with a curated list of important news, economic data and market highlights. 

🔔 Be the first to know. Ensure you never do more than one read if you:

• Move our emails (especially your subscriber introduction) to your primary inbox (Quick instructions).

• 👋 Say hi. Responding to our emails (if any) lets your email provider know to not block us from your main inbox.