IWM

iShares Russell 2000 ETF

Bulls remain in control of the market in the short-term, and the price action is telling them to stay long for now. While investors should continue to be vigilent about seasonality and a potential post-FOMC pullback, price remains king.

Deutsche Bank and Barclays became the latest firms to raise their year-end S&P 500 price targets, citing optimism regarding corporate earnings, the economy and AI.

If approved, Filspari would be the first medication indicated for focal segmental glomerulosclerosis, a rare and serious kidney disorder driven by proteinuria, the company said.

Oracle’s (ORCL) positive near and medium-term outlook has pushed its stock higher in premarket trading, and the guidance has positive readthrough for other artificial intelligence (AI) companies as well.

A steeper downward revision to job numbers for the 12 months through March may stir recession concerns, although traders could take it as a definitive pointer toward a rate cut next week.

The week’s inflation readings are the final pieces of the economic puzzle that the central bank would consider ahead of the September 16-17 Federal Reserve’s rate-setting meeting.

Economists, on average, expect the Bureau of Labor Statistics (BLS) to report job gains of 75,000 for August, slightly higher than the 73,000 jobs added in July.

IWM jumped 6.3% in a month (as of Sept. 3, 2025), outpacing SPY, as Fed rate cut hopes and strong value ETF gains fueled small-cap momentum. Will the rally last?

On Wednesday, the major averages closed on a mixed note as a tech rally, fueled by the Alphabet antitrust ruling, offset economic concerns.