JUST THE FACTS

The ongoing ups and downs for Treasury yields and oil prices sparked a wild week on Wall Street. Friday's trading shrugged off the volatility to score wins for the day and week across all three major indices.

With the war continuing to fuel inflation, the odds for more rate hikes keep rising. Based on comments by Fed officials this past week, those odds are moving in the right direction as more hikes look likely.

New developments in the war with Iran, both in the Middle East and back here at home, continue to come out rapidly. For the latest on the hostilities and efforts to reach a deal, updates can be found here.

Chinese President Xi Jinping's late week trip to Washington was big on ceremony, but little on substance. Issues such as AI and trade remain in limbo with the sides only agreeing to more talks in the future.

At the start of September, the initial read on consumer sentiment came very close to the all-time record low. Sentiment did improve slightly over the month, but the final reading still hit its lowest since May.

The week ahead will feature two critical reports on the state of the economy. The August jobs report and PCE readings will be scrutinized for clues on what the Fed does next. Also to come, Micron reports.