Another week, more all-time record highs.
This week saw all three of the major indices finish in the green.
The S&P 500 finished with a few more new all-time highs. That makes 24 record highs for 2025.
It has now been over 100 trading days since the S&P 500 has seen a drop of 2% or more.
The Nasdaq set a new record everyday this week. It has finished at new all-time highs for five consecutive days. That makes 23 record highs in 2025 so far for the Nasdaq.
Market Recap
Weekly Heat Map Of Stocks
Dow Performance YTD
Goldman Sachs Baskets Performance
On Thursday, August CPI data was released. It came in line with expectations at 2.9%. Core inflation came in at 3.1%. That also was in line with expectations. Both CPI and core CPI was the highest monthly print since January.
Inflation seems to be tamed and that coincides with what came out in the NFIB small business survey. When asked what the single most important issue was facing small business, inflation has almost fallen off the page.
It’s a distant third and nearing the cost/avalaibility of insurance. It’s clear that small businesses aren’t viewing inflation as an issue anytime soon.
