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WEEKLY RECAP

Week ending 18 Sep 2026

14–18 Sep 2026

0 · calm50 · normal100 · wild

On the Spotlight Index, where 50 is a normal week, this one scored 48.8: a normal week, busier than 12 of the past 45.

Each day on the Spotlight Index
55Mon14 Sep
46Tue15 Sep
45Wed16 Sep
50Thu17 Sep
47Fri18 Sep
Scroll to see the five markets that stood out

Five markets stood out

14–18 Sep 2026 · sized against each market's own history

A quiet week for the big indexes. The S&P 500 finished almost exactly where it started, and not one market on our board read Very High or Max. The moves that stood out were mostly each company's own story.

The one big shared event was the Fed. On Wednesday it raised rates for the first time since 2023, to 3.75 to 4%.

Monday14 SepIndex 55

The rest came down to single companies. Corning said it may sell up to $2 billion of new shares, which leaves each existing share owning a little less.

Constellation Energy agreed to buy a power plant in Rhode Island and kept sliding for six days in a row.

Wednesday16 SepIndex 45

Goldman Sachs was one of the hardest hit.

Thursday17 SepIndex 50

The dollar rose and the Australian dollar slid, which is why the pound gained on the Aussie. Earlier, on Monday, Bank of America's boss warned that deal-making fees would fall this quarter, and bank shares sold off.

T-Mobile hit its lowest price in a year as it moves customers off older plans.

Mon14 Sep55
−7.1%that day Week −10.5%Moderate
−13.7%that day Week −9.8%Low
Tue15 Sep46
Wed16 Sep45
−4.0%that day Week −8.5%Low
Thu17 Sep50
−5.6%that day Week −7.8%Moderate
−0.6%that day Week +2.8%Moderate
Fri18 Sep47

What can move markets next week

21–25 Sep 2026 · and the reading each market carries into it

Next week's calendar is thin. There is no Federal Reserve meeting, no US inflation report and no jobs report, so the week runs on smaller scheduled events rather than one big number. Every market on the card also went into the weekend reading Very Low on our weekly scale, and nothing on the whole board read above Moderate.

Ether's quarterly options expire on Friday, alongside bitcoin's. Natural gas gets its weekly US storage count on Thursday and crude its stockpiles report on Wednesday. Cintas reports before Wednesday's open, AutoZone before Tuesday's and Costco after Thursday's close. The first look at September business surveys lands on Wednesday morning in New York, and the Swiss National Bank sets rates on Thursday.

Mon21 Sep
Nothing big on the calendar
Tue22 Sep
Nothing big on the calendar
Wed23 Sep
CTASCintas

Reports before the open

WED 23 SepVery Low
US30US Dow Jones Industrial Average

First look at September business surveys

WED 23 SepVery Low
Thu24 Sep
NatGasNatural Gas

Weekly US gas storage report

THU 24 SepVery Low
USDCHFUS Dollar / Swiss Franc

Swiss rate decision

THU 24 SepVery Low
Fri25 Sep
ETH/USDEthereum

Quarterly options expiry

FRI 25 SepVery Low

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