This week’s stock shocks as of 19th September
Wall Street put another stamp on a historic 2025 rally this week, as the Federal Reserve finally delivered its first rate cut of the year, helping propel the S&P 500 and Dow to fresh all-time highs. Yet behind the headlines, new cracks emerged: small-caps and cyclical sectors mounted a massive comeback, defensive leaders cooled, and chipmakers stole the spotlight with surprise deal news. Cautious celebration and mounting selectivity now shape the market’s evolving narrative as the final days of summer give way to a full-throated autumn push.
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