Trade Republic vs. DEGIRO vs. Interactive Brokers: Best EUR Broker for Crypto ETNs in 2026

Stocks retreated on Tuesday, September 15, as investors grew cautious ahead of next week’s Federal Reserve meeting. Renewed concerns about higher-for-longer interest rates dragged major indexes lower, while Treasury yields pushed upward and commodity prices held steady. ## Markets Lose Steam as Fed Uncertainty Weighs The **S&P 500** dropped as traders awaited fresh policy signals from the central bank. The **Nasdaq Composite** underperformed, while the **Dow Jones Industrial Average** also finished in the red. All three indexes ended a recent run of gains as the market recalibrated expectations for the Fed’s next move. ## Market Overview Equity markets gave back ground after a choppy session. The **S&P 500** closed lower, snapping a two-day rally that had lifted the benchmark within sight of recent highs. The **Nasdaq Composite** fell more sharply, pressured by renewed selling in technology shares. The **Dow Jones Industrial Average** also slipped, though losses were less severe than in the tech-heavy Nasdaq. In the bond market, Treasury yields climbed, reflecting persistent anxiety that the Fed may keep rates elevated to tame inflation. The move in yields also weighed on stocks, particularly in interest-rate-sensitive sectors. Commodities saw more muted action. Oil prices hovered near recent levels, with traders weighing signs of steady demand against ongoing concerns about global economic growth. Gold was little changed, as investors balanced safe-haven demand with the impact of higher yields. The **U.S. dollar index (DXY)** strengthened modestly, extending its recent run as investors sought safety and yield. The **euro/dollar (EUR/USD)** pair edged lower, reflecting the greenback’s broad-based gains. ## Key Movers Technology stocks led the decline, with major names lagging as higher yields pressured valuations. Financials fared somewhat better, supported by the prospect of sustained interest income if rates remain elevated. ETF trading platforms and online brokers continued to attract attention as investors reassess their strategies amid volatile markets. For those considering low-cost ETF investing, our recent deep dive on the best European brokers for low-cost ETF investing offers timely insights. Meanwhile, evolving trends in crypto-linked ETFs are also shaping flows, as discussed in our analysis of DEGIRO, Trade Republic, and Interactive Brokers for crypto-linked ETFs. Energy stocks held their ground, supported by steady oil prices. Defensive sectors such as healthcare and consumer staples outperformed on the day, as investors rotated toward perceived safety. ## What to Watch All eyes now turn to next week’s Federal Reserve meeting, where policymakers are widely expected to keep rates unchanged but could signal how long they intend to maintain a restrictive stance. Market participants will also monitor fresh economic data on inflation, retail sales, and consumer sentiment in the days ahead. Earnings season remains quiet, but several key companies across tech and consumer sectors are due to report in the coming week. Investors should also keep an eye on global central bank commentary, with the European Central Bank and Bank of England scheduled to provide policy updates. As rate jitters return to the fore, expect continued volatility as markets digest every data point and policy hint. Stay tuned for more updates as the countdown to the Fed continues.