Key Takeaways

- S&P 500 closed at 4,458.58 down from 4,535.43 last week. The VIX spiked 11.44% and settled just under $21 after 5 straight red days

- The market started the morning in the green, but appeared to have been spooked by the PPI coming in at a record of 8.3%, which was also slightly above the estimated level

- Oil closed up over 2% and settled just below $70 despite all sectors closing in the red, suggesting inflationary fears were at play

- Tuesday saw a large crypto sell-off and Friday saw a big anti-trust ruling for Apple that broke its hold on the Ap store revenue, but the company was not designated a monopoly
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We’d like to start this Wall Street Debrief off, which falls on the 20th anniversary of September 11th, by remembering the many innocent souls who perished on that terrible day. Many people in the Financial Industry were amongst the victims and it is hard to believe this occurred two decades ago. The entire FSInsight team would like to offer our thoughts and prayers to the surviving loved ones and friends of the victims. Though the wound is not as fresh as it once was, the tragedy is no less severe. Many of our team knew people who perished and all of us were affected by that day. Let us all hope that the wanton...

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