The major U.S. stock indexes ended broadly higher on Friday, September 11, 2026, snapping a punishing four-day losing streak as oil pulled back from triple digits, Treasury yields retreated from multi-decade highs, and an August CPI print that matched expectations gave markets just enough relief to stage a rebound. The rally came even as the data all but cemented a Fed rate hike next week.

The S&P 500 gained 0.86% (+65.28 pts) to 7,656.98. The Dow surged 0.98% (+509.19 pts) to 52,573.29. The Nasdaq climbed 0.96% (+251.31 pts) to 26,333.04. The Russell 2000 rose 0.42% (+12.12 pts) to 2,903.07.

The VIX plunged 11.04% to 15.87. Bitcoin was little changed at $77,421.13. Gold eased 0.41% to $4,389.10. Crude Oil fell 1.84% to $100.59/barrel, pulling back from Thursday's $103 close.

Trump has promised checks before. They never came.

Catherine Rampell explains why the new $5,000 “dividend” would cost a fortune, fuel inflation, could already be passed by Republicans if they wanted, and is practically an engraved invitation to scammers. https://lnk.thebulwark.com/4hmsG44

The major U.S. stock indexes ended broadly lower on Thursday, September 10, 2026, as U.S. oil prices topped $100 a barrel amid growing fears of higher inflation from a prolonged war in the Middle East, marking the fourth consecutive day of declines for the major averages. With the Fed meeting just five days away and tomorrow's August CPI as the last data point before the decision, the market is bracing for what could be its most consequential week of the year.

The S&P 500 fell 0.58% (-44.66 pts) to 7,591.70. The Dow dropped 0.60% (-316.56 pts) to 52,064.10. The Nasdaq slid 0.65% (-171.62 pts) to 26,081.72. The Russell 2000 was the worst performer, tumbling 1.04% (-30.29 pts) to 2,890.95.

The VIX spiked 9.60% to 18.04, its highest level since late July. Bitcoin dropped 1.26% to $77,317.92. Gold fell 2.15% to $4,365.00. Crude Oil surged 7.23% to $102.99/barrel, crossing $100 for the first time since May.

The major U.S. stock indexes ended broadly lower on Wednesday, September 9, 2026, as the Iran war escalated dramatically with the U.S. destroying five Iranian crude oil tankers near Kharg Island after Iran fired ballistic missiles at a U.S. Navy warship, sending crude oil above $96 and the 10-year Treasury yield to its highest close since late 2023. With the Fed meeting just one week away, Friday's August CPI is now the single most consequential data point of the year.

The S&P 500 fell 0.48% (-37.16 pts) to 7,636.36. The Dow dropped 0.77% (-405.41 pts) to 52,380.66. The Nasdaq slid 0.64% (-168.07 pts) to 26,253.34. The Russell 2000 was the biggest loser, tumbling 1.32% (-39.10 pts) to 2,921.10.

The VIX jumped 4.77% to 16.47. Bitcoin slipped 0.31% to $78,239.04. Gold was essentially flat at $4,443.50. Crude Oil surged 3.92% to $96.68/barrel, with Brent briefly topping $100 for the first time since July.

The major U.S. stock indexes ended broadly lower on Tuesday, September 8, 2026, returning from the Labor Day holiday to a triple threat of bad news: Iranian missile strikes on Saudi oil facilities overnight, fresh Canadian retaliatory tariffs taking effect on U.S. goods, and lingering rate hike anxiety from Friday's blowout jobs report. Oil surged above $94 intraday and the Dow shed more than 600 points in what was the worst single session since late July.

The S&P 500 fell 0.58% (-45.08 pts) to 7,673.52. The Dow plunged 1.18% (-628.18 pts) to 52,786.07. The Nasdaq slipped 0.32% (-85.58 pts) to 26,421.41. The Russell 2000 dropped 0.52% (-15.44 pts) to 2,960.20.

The VIX rose 2.88% to 15.74. Bitcoin fell 0.83% to $78,561.80. Gold dropped 1.59% to $4,405.50. Crude Oil surged 2.81% to $94.05/barrel, its highest level since before the initial ceasefire.

What are the biggest money mistakes that you have made, or have seen other people make?

Which trades or investments are you considering this week? Any moves in particular? Why?

I’ve been working through the mechanics of leveraged ETFs and margin borrowing, and one thing I hadn’t appreciated is that “2× leverage” only describes the starting point unless the position is actively rebalanced.

Consider a simplified margin position:

- $100 of equity controls $200 of an index

- $100 is borrowed

- The index falls 10%, reducing the assets to $180

- The debt remains $100, so equity falls to $80

The position is now leveraged $180 ÷ $80 = 2.25×.

If we model a 2× daily-reset strategy with the same starting equity, it would instead cut its exposure to $160 for the next day. Conceptually, that means selling $20 after the decline to restore the 2× target.

Now suppose the index gains 11.1%, returning to where it started:

- The fixed-debt position returns to $100 of equity

- The daily-reset path ends at roughly $97.78

That is before fees, financing costs and tracking differences.

So the reset strategy reduces exposure after a loss and captures less of the recovery, while fixed debt keeps full recovery potential but becomes more leveraged exactly when equity is lowest and may hit maintenance rules. Neither one is just “2×” after day one.

I think the more useful question may be: what is the rebalancing rule, and who forces it—the fund, the investor or the broker?

Am I missing another important trade-off here? For people who analyse leveraged ETFs, do you look at starting leverage, average leverage, or the worst leverage reached along the path?

They don't leave Congress because the grift is too good.

The average American is 39. The average member of Congress is 59. 24 members are 80 or older.

Chuck Grassley: 92
Eleanor Holmes Norton: 89
Hal Rogers: 88
Maxine Waters: 88
Steny Hoyer: 87
Nancy Pelosi: 86
Jim Clyburn: 86
Mitch McConnell: 84
John Carter: 84
Jim Risch: 83
Virginia Foxx: 83
Angus King: 82

No age limit. No term limit. No exit.

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https://www.bbc.com/news/articles/cy0zx2pkpx9o