S&P 500 notches another losing week | Fed Day ahead | Insider trading with Goldman deal?

The three major indexes slumped on Friday and ended the week in the red.

VIEW IN BROWSER | SUBSCRIBE FRI, SEP 17, 2021 EVENING BRIEF AS OF FRI, SEP 17, 2021 • 05:25 ET DJIA 34584.88 -0.48% -166.44 S&P 500 4432.99 -0.91% -40.76 NASDAQ 15043.97 -0.91% -137.96   Most Active DOW NAME LAST CHG %CHG AAPL 146.06 -2.73 -1.83% MRK 71.68 -0.29 -0.40% MSFT 299.87 -5.35 -1.75% S&P 500 NAME LAST CHG %CHG AAPL 146.06 -2.73 -1.83% BAC 40.50 +0.05 +0.12% NOV 13.39 -0.42 -3.04% NASDAQ NAME LAST CHG %CHG AAPL 146.06 -2.73 -1.83% MTCH 157.14 -2.92 -1.82% AMD 103.88 -2.34 -2.20%   EDITOR'S NOTE U.S. stocks closed lower Friday as investors await the Federal Reserve's highly anticipated September meeting next week.   The Dow Jones Industrial Average notched its third straight negative week for the first time since September 2020. Meanwhile, the S&P 500 closed lower for a second consecutive week.   For September, a historically weak month for markets, all three major stock indexes are negative. Investors are awaiting insights about the Fed's tapering of pandemic-era easy-monetary policy at the central bank's meeting this coming week.   Fed Chair Jerome Powell has said the so-called tapering could occur this year, but investors are waiting for more specifics, particularly after mixed economic data released since Powell's last comments.   Some strategists speculate that the central bank may be more restrained next week, especially as stocks enter a tumultuous period and rhetoric in Washington heats up.   "I think the Fed wants to stay out of the fight at this point. There's just too much ambiguity," said Morgan Stanley Investment Management's Jim Caron. "They're not going to announce tapering," he added. "Their statement is going to be carefully worded. The bar is really high for them to say anything hawkish right now. Between now and the next meeting, we should have a pretty good idea about the debt ceiling and where the infrastructure stands." Hannah Miao | CNBC Associate Markets Reporter @HannahMiao_ TOP NEWS  S&P 500 falls Friday, notches second straight week of losses in September slump FDA panel recommends Pfizer's Covid booster doses for people 65 and older after rejecting third shots for general population Pentagon admits Aug. 29 drone strike in Kabul killed 10 civilians, including up to 7 children Fed Chief Powell, other officials owned securities central bank bought during Covid pandemic Suspicious trades were made before Goldman's $2.2 billion acquisition of GreenSky, options experts say 100 National Guard troops are on standby to support Capitol Police during pro-Trump rally Saturday Cramer says he 'just got the buy signal from the president.' Here's why and when to buy After years of being 'squeaky clean,' the Federal Reserve is surrounded by controversy Feds charge 138, including doctors, with $1.4 billion in health-care fraud involving telemedicine, Covid, opioids Billionaire Peter Thiel could be forced to pull $5 billion from his retirement account, if House bill passes   TOP VIDEO Semiconductor stocks slump, but they could soon return to records, traders say   CNBC PRO Value manager John Rogers says investors can get these overlooked stocks at a big discount   SPECIAL REPORTS Long-term care needs among retirees varies widely, new research shows Health savings accounts aren't being used by older Americans who need them the most   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS