S&P 500

S&P 500 Index

The sharp drop in USR home prices was the result of the FRS fights against inflation.

The tight U.S. labor market began to show signs of easing in August.

Softer U.S. economic data, as well as less significant than expected increase of interest rates in Australia, stimulated a rapid growth of the S&P 500 index and gave hope for less aggressive monetary police tightening by the U.S. Federal Reserve (Fed).

Last Monday, significant increasing of S&P 500 was registered, which was connected to a possible prospect of the Fed slowing down its pace of interest rate hikes. Such hopes were driven by noted signs of economic growth getting slower.

According to announcement of JPMorgan analysts, the mitigation of policy risks is expected. The company still considers growth of Asian market as a support of the global trade cycle and low investor positioning as a certain floor to the market.