The Week That Was, The Week Ahead: Macro and Markets, September 20

U.S. markets finished Friday mixed as investors weighed higher Treasury yields, expensive oil tied to Middle East tensions, and the Federal Reserve’s first rate increase in more than three years. The Dow fell 0.18% to 51,682.64, while the S&P 500 rose 0.17% to 7,650.50 and the Nasdaq gained 0.39% to 26,522.55. For the week, the Dow dropped 1.7% for a third straight losing week; the S&P 500 edged down about 0.1% and the Nasdaq rose 0.7%. The 10-year yield closed at 5.00% after hitting a 2007 high earlier in the week, with gold around $4,378/oz and WTI above $100.