Overnight Market Brief – 21 September 2026
Major US stock indexes finished the third week of September mixed as the Federal Reserve delivered its first rateincrease since 2023 amid volatile oil prices. The Nasdaq rose 0.72%, while the S&P 500 finished broadly flat and the Dow fell 1.69%. The Fed raised rates by 25 basis points to 3.75%–4.00% in a unanimous decision, with policymakers projecting one more hike by the end of 2026. The probability of a further hike at its upcoming October meeting is now 59.7%.