The stock market rally is at highs, with Tesla racing while Nvidia and Meta set up. The Federal Reserve meeting looms.

Fitch Ratings downgraded the French government’s credit rating on Friday, days after the ousting of the country’s prime minister who failed in his bid to bring down the ballooning budget deficit.

U.S. inflation, as measured by the consumer-price index, rose 0.4% in August at an annual rate of 2.9%. Core inflation, which excludes food and energy prices, was up 3.1% in the 12 months through ...