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You got this.

Hey listeners, it's Saturday, September 20th. I'm Jack Pitcher for the Wall Street Journal.

And this is What's News and Markets.

Our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Stock investors cheered after the Federal Reserve delivered a long-awaited interest rate cut this week.

The central bank cut its benchmark rate by a quarter percentage

point at the conclusion of its September meeting on Wednesday, and officials projected

two more rate cuts by the end of this year. The cuts, which are coming after months of

data showing a weakening labor market, are intended to stimulate the economy by making

it cheaper tomorrow. All three major stock indexes

hit records this week, but that doesn't mean all of Wall Street is confident about the economic

outlook. Index gains have been juiced by a handful of trillion-dollar tech companies, and lower

rates also tend to boost stocks by making bonds look comparatively less attractive.

Traders will be closely watching labor market data the rest of the year to see why their job gains begin to accelerate again.

Any prolonged downturn in the labor market is likely to impact consumer spending and the stock market.

For the week, the S&P 500 added 1.2%, while the Dow was 1.1% higher. The tech-heavy

...