Stocks started the week with strong gains following the government reopening agreement, but the momentum was quickly erased by concerns over Federal Reserve policy. Hesitancy from Fed Chairman Powell to cut rates pushed down the odds of a December cut, causing the Dow to drop significantly from its record level.

Looking ahead, markets are likely to remain on edge as investors weigh the fallout from the shutdown, mounting layoffs, and signs of waning consumer confidence against hopes for continued monetary policy support.

Big tech names performed strongly last week, carrying the S&P 500 into positive territory. Fears of an AI bubble are making investors wary of the breakneck pace of capital expenditures. Amazon’s (AMZN) stellar earnings after Thursday’s close indicate the capex boom is pressing on, however.

The federal government shutdown shut off the steady stream of economic reports relied on by investors to gauge the health of the economy and financial markets. However, the much-anticipated September Consumer Price Index (CPI) report was released last week, as it was needed to determine cost-of-living adjustments for Social Security payments.

When most people hear the term “estate planning,” they think of the wealthy or those nearing retirement. However, estate planning is for everyone, regardless of age or net worth.

The US government shut its doors on October 1. Republicans and Democrats couldn’t agree on a spending bill, so non-essential portions of the government are closed until further notice.

Fall is here, making now an ideal time to address your year-end financial goals and begin mapping out new goals for the year ahead. Sequoia’s Special Needs Financial Planning team is a comprehensive financial planning partner, ready to support you on multiple fronts.

Market volatility can feel like an emotional yo-yo: sudden drops, sharp rebounds, and the unsettling feeling of not knowing what’s next. Feeling anxious, unsettled, or even tempted to take swift action to protect your investments is natural. But often, the best move is the one you don’t make.

For families with a loved one who has special needs, planning ahead can feel overwhelming.