S&P 500 fell four straight days to 2871, pressured by ongoing trade and tariff concerns
C and S funds still within 1% of record highs despite recent weakness, supporting full investment
Positive jobs report provides some market support, with upward trend resumption expected next week
With Monday being Labor Day, the markets were only open four days this past week. However, they also “labored” this week with the S&P 500 down all four days and closing Friday at 2871. Trade and tariff posturing continue to put pressure on the markets, which then gets offset somewhat by the positive jobs report from Friday. That said, hopefully we’ll see a resumption next week of the upward trend we’ve had over the past two months. For TSP TIPS, both the C and S funds remain within about one percent of their record highs and as such, we recommend staying 100 percent invested with the same allocation.
With Monday being Labor Day, the markets were only open four days this past week. However, they also “labored” this week with the S&P 500 down all four days and closing Friday at 2871. Trade and tariff posturing continue to put pressure on the markets, which then gets offset somewhat by the positive jobs report from Friday. That said, hopefully we’ll see a resumption next week of the upward trend we’ve had over the past two months. For TSP TIPS, both the C and S funds remain within about one percent of their record highs and as such, we recommend staying 100 percent invested with the same allocation.