WMS Market Commentary: Energy #familyadvisor #investing #newportbeach

Last week,The Major Markets saw mostly higher performance across the 6 indices with the Dow Jones Average the lone holdout in negative territory 📅 Book a private consultation →https://calendly.com/wms-llc/reviewsession In this video, Richard Riva, CPWA® of Wealth Management Solutions, breaks down the week's highlights that drove the markets for business owners / high-net-worth families, and executives. What you'll learn: • Winners and losers last week • Events that moved the markets • What managers and analysts are looking at next week ▶️ Watch on YouTube: youtube.com/@FamilyAdvisor 📞 949-475-9700 | 📍 Newport Beach, CA 🌐 About the firm → https://wms-llc.com 🔔 Subscribe for weekly wealth, tax & estate strategy for high-net-worth families. For the domestic market, the gains in the S&P 500 and Russell 2000 extended the benchmarks run into fresh all-time highs. The big story last week was inflation. July CPI came in as expected, while PPI was slightly cooler than expected. These two reports helped to ease concerns about another Fed rate hike in September. Softer retail sales and weaker consumer sentiment also pointed to some slowing in the economy. By Friday’s close, CME Group’s FedWatch tool showed that the probability of rates holding steady is better than a coin toss for next month’s FOMC Meeting. That said, the growing pressure is towards higher interest rates towards the end of 2026. Energy Prices did little to sway this forecast. At the sector level, Energy was the clear standout, with the segment gaining more than 7% as Crude Oil prices climbed roughly 5% for the week. ______________________________ The S&P 500® Index is a capitalization index of 500 stock-designed to measure performance of the broad domestic economy through changes in the aggregate market value of stock representing all major industries. https://us.spindices.com/indices/equity/sp-500 The Dow Jones Industrial Average® (The Dow®), is a price-weighted measure of 30 U.S. blue-c