How did Italy get into this mess?

When Fed Chair Powell laid out a strategy to cut short-term interest rates, but did not say “when” or “how much”, the financial markets helped him fill in the blanks to both questions.

Stocks ended mixed after a nail-biting week for investors, who grew anxious over megacap tech valuations and interest rates as the government shutdown came to an end. It takes time to get a tanker ship up and running again after a full stop.