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Federal Reserve 25 September 2025 - 10 October 2025

Massive Moves: Record Deals, FDA Wins & Crypto Mania Propel Top Stock Gainers (Sep 29, 2025)

Record Rally Stalls as Fed Cut Bets Soar and Earnings Loom

After a streak of record-setting gains, Wall Street’s rally took a breather heading into the weekend. On Wednesday the S&P 500 and Nasdaq notched all-time closing highs, but Thursday saw a mild pullback across major indicesnasdaq.com. The S&P 500 dipped about 0.3% Thursday, the Dow fell 0.5%, and the Nasdaq Composite slipped 0.1%econotimes.com, pausing a record-breaking tech-driven surge. High-flying semiconductor and AI stocks led the dip – for instance, Dell Technologies tumbled -5% and Micron -2% amid profit-takingnicoop.com. Even with that consolidation, the uptrend remains intact: the S&P and Nasdaq are still near historic peaks, buoyed by a three-year bull market largely led by Big Tech. Nvidia’s stock, in particular, has skyrocketed as the company’s chips fuel the AI boomnasdaq.com. Other stalwarts like Broadcom and Alphabet have posted enormous multi-year gains as wellnasdaq.com. This week’s slight stumble has done little to dent those outsized advances – Nvidia was trading at fresh all-time highs early Fridaynasdaq.com.
Powell’s Next Move Could Make or Break 2025’s Record Stock Rally

Powell’s Next Move Could Make or Break 2025’s Record Stock Rally

Wall Street’s momentum in 2025 is undeniable – and increasingly historic. Stocks have been on a tear, repeatedly smashing records. After seven consecutive daily gains to start October, the market took only a brief pause before charging higher again. On October 8, the S&P 500 and Nasdaq Composite clinched fresh all-time highs ts2.tech. These milestones extend what has already been a remarkable year; the S&P is up roughly 18% year-to-date, with the Nasdaq not far behind ts2.tech. Even the blue-chip Dow Jones Industrial Average, while slightly lagging, is near its peak. To put the rally in perspective, the broad market has tacked on roughly $7 trillion in value this year amid this risk-on fervor. What’s driving the surge? In a word: tech. The rally’s epicenter is the technology sector, where excitement over artificial intelligence has reached fever pitch. Investors have piled into anything AI-related, propelling those stocks to stratospheric heights. A clear illustration came on Oct. 6, when chipmaker AMD shocked the market with a blockbuster AI deal – a multi-year partnership to supply advanced chips to OpenAI. The news sent AMD shares up ~24% in a single session, their biggest one-day leap in years ts2.tech. That move added tens
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Nasdaq Futures Slip After AI-Fueled Record Rally – Fed Cuts, Shutdown Drama & Tech Frenzy Drive Wall Street Surge

Wall Street’s latest milestone comes against an unlikely backdrop: a U.S. government shutdown stretching into its second week. Yet stock investors have largely shrugged off Washington’s stalemate, focusing instead on favorable economic undercurrents. On Monday, the Nasdaq Composite climbed +0.71% to 22,941.67, and the S&P 500 rose +0.36% to 6,740.28 – both record closing highs – even as the federal government remained partially closedreuters.comreuters.com. The Dow Jones Industrial Average lagged, slipping 0.14%, but that modest dip didn’t derail what has been a robust multi-day rally. In fact, eight of the past ten sessions have seen U.S. indexes advance, a sign of resilient risk appetite on Wall Streetts2.tech. “It certainly feels like momentum is on the side of investors over the last few days,” observed Mona Mahajan, an investment strategist at Edward Jonests2.tech, noting how traders have eagerly bought any small dips. Analysts say the market is looking past the shutdown because, historically, these episodes tend to have limited market impact. “Investors largely look past government shutdowns” since short standoffs usually cause only shallow, temporary market declines, explained Anthony Saglimbene, chief market strategist at Ameriprisets2.tech. In the last major shutdown, the S&P 500 actually climbed over 10%ts2.tech. So far this time,
Dow Soars to Record as Fed Cut Fever Grips Wall Street – Nasdaq Sags on Tech Slide – US Stock Market Today

Dow Soars to Record as Fed Cut Fever Grips Wall Street – Nasdaq Sags on Tech Slide – US Stock Market Today

U.S. stocks extended their autumn rally on Friday as investors doubled down on hopes that the Federal Reserve’s rate-hiking cycle is finally reversing course. The Dow Jones Industrial Average jumped nearly three-quarters of a percent to finish above 46,800 – its first-ever close above the 46,000 mark – and the S&P 500 notched a modest gain to end at 6,727, also a record high close reuters.com. In fact, both the Dow and S&P set all-time intraday highs during the session investopedia.com, capping what has been a stellar week. This strength came despite a notable divergence: the Nasdaq Composite, which had been climbing in the morning, flipped into the red by the closing bell, down about 0.2% reuters.com. The twist on Friday was that tech stocks – the stalwarts of the 2020s bull market – took a breather, preventing the Nasdaq from joining its peers in record territory. As the day wore on, news-driven stumbles in a few high-profile tech names weighed on the broader Nasdaq index. For example, shares of data analytics firm Palantir Technologies plunged over 6% intraday after reports that the U.S. Army flagged security issues in a system the company is developing investopedia.com investopedia.com. Likewise, Tesla stock
Gold Price Surges Past $3,800; Silver Nears 14-Year High on Fed-Cut and Shutdown Fears

Gold Price Surges Past $3,800; Silver Nears 14-Year High on Fed-Cut and Shutdown Fears

Gold and silver continue to ride a historic rally as investors seek safe assets amid uncertainty. By early Sept 30, spot gold hovered around $3,800/oz, having eased off record highs hit earlier in the week reuters.com reuters.com. U.S. gold futures traded near $3,828 reuters.com. The metal’s surge accelerated on Sept 29 – gold briefly spiked to $3,833.37/oz reuters.com before a slight pullback. Silver also climbed sharply, reaching about $46.85/oz on Sept 29 reuters.com and remaining near the mid-$40s the next day reuters.com. Platinum touched a 12-year high around $1,593 on Sept 29 reuters.com, while palladium and other metals are well above earlier-year levels. These prices mark huge moves year-to-date: gold has nearly doubled since late 2022 reuters.com and is up roughly 40–45% in 2025 reuters.com. Silver is likewise skyrocketing – up roughly one-third since January 2025 reuters.com and more than 50% from early-year lows. In September alone, bullion set fresh records and enjoyed its best monthly gain since mid-2020 reuters.com.
Nasdaq Sizzles on Tech Mania as Shutdown and Fed Drama Unfold – Will the Rally Last?

Nasdaq Sizzles on Tech Mania as Shutdown and Fed Drama Unfold – Will the Rally Last?

Last week ended with Nasdaq near recent highs but under pressure from rotating profit-taking. On Thursday, the Nasdaq Composite fell 0.5% nasdaq.com amid “growing concerns over the record-high valuations of AI and tech stocks” nasdaq.com. Firms like Oracle and Tesla led the declines as investors questioned whether the AI investment spree was priced in nasdaq.com. By Friday, buyers returned: major indexes all finished modestly higher, leaving Nasdaq up ~0.4% on the day reuters.com. Looking ahead to Monday, U.S. stock index futures were firmly higher. Reuters reported S&P futures +0.3% and Nasdaq futures +0.4% in Asia, signaling a continuation of Friday’s bounce reuters.com. Asia-Pacific markets broadly rose reuters.com, helped by easing Treasury yields reuters.com and a weaker dollar. A Bloomberg wrap noted Wall Street’s move higher on sustained Fed-cut expectations and on neutral inflation readings swissinfo.ch.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Fed policy: The Fed’s Sept. 17 decision to cut rates was driven by slowing growth and job gains, though inflation has crept up federalreserve.gov. Fed Chair Powell and colleagues signaled further cuts ahead, but warned that inflation upside risks remain high federalreserve.gov reuters.com. Fed Vice Chair Bowman urged a commitment to cuts to shore up jobs reuters.com, while a strategist noted Powell was dovish but noncommittal on timing reuters.com. Bank stocks: Regional banks held mixed news. First Horizon was downgraded by one analyst firm, while other analysts actually raised targets on FHN marketbeat.com. Insiders have been trimming positions marketbeat.com, adding to caution in the regional-banking sector. Overall, bank indices were modestly down on Sept 23 amid profit-taking reuters.com.
Precious Metals Skyrocket: Gold Near $3,800, Silver Hits 14-Year High in Fed-Fueled Rally

Precious Metals Skyrocket: Gold Near $3,800, Silver Hits 14-Year High in Fed-Fueled Rally

Gold and its peers notched standout gains in late September, extending a remarkable rally in precious metals. Gold, in particular, powered to fresh record highs. On Tuesday of that week it breached $3,790 per ounce, an all-time high, before settling back slightly reuters.com. By Friday, spot gold was holding near $3,778/oz, up about 0.8% on the day and 2.5% higher for the week reuters.com. U.S. gold futures closed around $3,809 on Friday reuters.com, reflecting bullish sentiment in forward markets. Other major precious metals surged in gold’s slipstream. Silver prices climbed to roughly $46.4/oz on Friday, marking their highest level since 2011 reuters.com. Silver’s weekly gain of about 3% capped a rally of more than 50% year-to-date, far outpacing gold’s own impressive rise investingnews.com. Platinum prices also jumped – the metal traded near $1,568/oz at week’s end reuters.com, territory last seen in 2013. That put platinum about 58% higher year-to-date as it finally broke out of a long period of stagnation. Palladium, while not at record levels, saw a solid weekly advance to around $1,280–1,300/oz reuters.com. This represents a rebound from its mid-year lows, aided by fresh supply worries in the platinum-group metals space.
Wall Street Rebound: Fed Relief, Tariff Twists & Tech Surprises (NYSE Highlights Sept 26–27, 2025)

Wall Street Rebound: Fed Relief, Tariff Twists & Tech Surprises (NYSE Highlights Sept 26–27, 2025)

Flags and tickers on the NYSE trading floor in New York City, reflecting a week of shifting market sentiment. U.S. stocks rallied into the weekend after overcoming mid-week losses reuters.com reuters.com. Wall Street finished the week with a relief rally, snapping a multi-session losing streak. On Friday, Sept. 26, the Dow Jones Industrial Average jumped about 300 points to 46,247, the S&P 500 gained +0.6% to 6,644, and the Nasdaq Composite rose +0.4% to 22,484 reuters.com. This rebound followed three straight down sessions through Thursday, which had left the major indexes in the red for the week. Thanks to Friday’s climb, the weekly losses were pared to around –0.2% to –0.7% reuters.com – ending a three-week run of gains but preserving most of the market’s recent upside momentum.
Wall Street Rebounds: PCE In‑Line, Tariff Shock, and Fed‑Cut Bets — What It All Means (Sept. 26, 2025)

Wall Street Rebounds: PCE In‑Line, Tariff Shock, and Fed‑Cut Bets — What It All Means (Sept. 26, 2025)

1) The data that mattered: PCE & spendingMarkets exhaled as the Fed’s preferred inflation gauge arrived exactly as expected: headline PCE +0.3% m/m, core +0.2% m/m. Treasury yields drifted lower, with the 10‑yr near 4.18% and the 2‑yr around 3.65%, signaling relief that there was no upside shock. Futures ticked higher on the print. Reuters “This should give some reassurances on the inflation side,” said Doug Beath of Wells Fargo Investment Institute. Reuters
Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

PCE Inflation Today: “Goldilocks” or Head Fake? What the 26 Sept 2025 Report Really Means for Your Wallet, the Fed, and Markets

The Bureau of Economic Analysis reported that headline PCE prices rose 0.3% in August, nudging the yearly rate to 2.7%. Core PCE—the measure the Fed emphasizes—rose 0.2% on the month and held at 2.9% year‑over‑year. The monthly pace is consistent with ~2½–3% annualized inflation, not yet back to 2%, but notably not re‑accelerating. Bureau of Economic Analysis Under the hood, the same release shows nominal personal income up 0.4% and nominal consumer spending up 0.6%. After adjusting for inflation, real spending advanced ~0.4%, with goods outpacing services in August—useful context as households digest higher borrowing costs. Bureau of Economic Analysis+1
26 September 2025
August PCE Inflation Rises Again – Is the Fed’s Rate Cut Plan in Jeopardy?

August PCE Inflation Rises Again – Is the Fed’s Rate Cut Plan in Jeopardy?

PCE Inflation Report and Market Impact on September 26, 2025 The latest Personal Consumption Expenditures inflation report shows that price pressures picked up slightly in August. According to the Commerce Department data released on September 26, the overall PCE price index was up 2.7% in August 2025 compared to a year earlier wtop.com. That marks a gentle increase from the 2.6% annual inflation rate in July, and is the fastest year-over-year PCE inflation reading since February. In practical terms, American consumers in August paid on average 2.7% more for the basket of goods and services than they did in August 2024. While that rise is modest by historical standards, it does indicate a second consecutive month of accelerating inflation, after prices had been decelerating earlier in the year.
Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

Asian markets were mostly steady on Thursday as investors navigated mixed signals from central banks and awaited key U.S. data releases. Japan’s Nikkei 225 edged up 0.3% to 45,755, recovering from early losses abcnews.go.com. Optimism in Tokyo was underpinned by hopes that the Bank of Japan would maintain its ultra-easy policy: fresh data showed Tokyo consumer inflation at 2.5% in September, below forecasts abcnews.go.com. While still above the BoJ’s 2% target, the cooler-than-expected price rise eased pressure for immediate tightening. This spurred bets that the BoJ will hold off on rate hikes for now, weakening the yen and boosting exporter stocks investing.com investing.com. Japanese indexes remain near multi-decade highs on this dovish outlook investing.com. Chinese and Hong Kong shares outperformed earlier in the week, extending a remarkable rally in tech names. By Thursday, Chinese tech stocks had notched an eighth straight week of gains, a record streak fueled by optimism around artificial intelligence and supportive policies reuters.com. The Shanghai Composite and Shenzhen CSI 300 were flat to slightly up on the day abcnews.go.com, even as global sentiment turned subdued. Hong Kong’s Hang Seng index closed almost unchanged at 26,485 abcnews.go.com, with profit-taking in some tech leaders offsetting continued strength in
Nasdaq Stumbles as Fed Jitters Mount, Intel Soars, Tariffs Rattle Tech Markets

Nasdaq Stumbles as Fed Jitters Mount, Intel Soars, Tariffs Rattle Tech Markets

Wall Street’s momentum faltered in the latter half of this week, with the Nasdaq Composite and Nasdaq-100 both posting their third straight daily loss on Thursday. The Nasdaq Composite closed at 22,384.70, and the S&P 500 and Dow Jones also fell around 0.5% and 0.4%, respectively reuters.com. These declines marked a sharp reversal from Monday, when all three indices notched record-high closes investopedia.com after a months-long tech-driven rally. Traders say the pullback partly reflects investors locking in profits on big tech names that had run up dramatically through the summer. The CBOE Volatility Index – Wall Street’s “fear gauge” – remains relatively low, but market breadth turned negative as decliners outnumbered gainers by about 3-to-1 on the Nasdaq exchange reuters.com, indicating more stocks are participating in the downdraft. Notably, energy stocks provided a rare bright spot. The S&P 500 energy sector jumped nearly 1% on Thursday reuters.com, bolstered by rising oil prices. But most other sectors slumped. High-valuation growth shares were under particular pressure as Treasury yields climbed, increasing the cost of capital. “Historically we’re certainly at the high end” of equity valuations after this year’s run-up, “but one big positive is it seems like the government is going to
Wall Street’s Wild 48 Hours: NYSE Hit by Fed Jitters, Tariff Shocks & Earnings Surprises

Wall Street’s Wild 48 Hours: NYSE Hit by Fed Jitters, Tariff Shocks & Earnings Surprises

After a euphoric run to all-time highs earlier in the week, U.S. equity indices hit a speed bump over the September 25–26 span. The Dow Jones Industrial Average fell about 0.37% on Thursday to 46,121, and the S&P 500 lost ~0.5%, as nearly every sector sank rakutentrade.my reuters.com. Tech-heavy indexes like the Nasdaq Composite also slipped ~0.5%. These declines marked the third consecutive daily drop for Wall Street m.economictimes.com, ending a streak of record closes that kicked off the week. By Friday’s close, the Dow had slipped under 46,000, wiping out its earlier gains and putting major benchmarks modestly in the red for the week. What drove the pullback? In a word: interest rates. Late Wednesday and into Thursday, an influx of strong economic data prompted traders to rethink how fast the Federal Reserve might keep cutting rates. The U.S. economy is showing “confusing” signals, as one portfolio manager observed, with growth still remarkably robust even as the Fed eases policy reuters.com. Thursday’s data dump was a case in point – weekly unemployment claims unexpectedly fell to their lowest since spring while the Commerce Department revised Q2 GDP upward to +3.8% reuters.com. “Robust economic data – such as stronger durable
Hot GDP Surprise Shatters Wall Street’s Rally – Stocks Slide on Fed Jitters (Sept 25, 2025)

Hot GDP Surprise Shatters Wall Street’s Rally – Stocks Slide on Fed Jitters (Sept 25, 2025)

Wall Street’s September rally hit a wall on Thursday as all three major indexes extended their slide. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average each fell roughly half a percent, marking the third straight day of losses investopedia.com. This losing streak interrupted what had been a strong run: through Monday, the indices had climbed to record highs before momentum shifted mid-week investopedia.com. Traders used the recent high valuations as an excuse to take profits. “With the S&P pricing in 23–24 times expected earnings and ~15% annualized earnings growth over the next five years, that sounds pretty rich to me,” noted one chief investment officer, reflecting on stretched stock valuations reuters.com. Indeed, earlier in the week Fed Chair Jerome Powell cautioned that equity prices appeared high, evoking former Chair Greenspan’s “irrational exuberance” warning reuters.com reuters.com. Those valuation concerns, combined with fresh economic news, triggered a broad risk-off tone on Sept. 25. Nearly every sector of the market pulled back. Defensive groups like utilities and consumer staples slipped alongside growth sectors, showing the decline was widespread reuters.com reuters.com. Notably, the healthcare sector saw acute pressure. The U.S. Commerce Department announced a new probe into medical device imports, which sent
Dow Dips as Fed Fears Slam Tech Stocks – Hot Economic Data Rattles Wall Street (Sept 25, 2025)

Dow Dips as Fed Fears Slam Tech Stocks – Hot Economic Data Rattles Wall Street (Sept 25, 2025)

After a torrid summer of gains, U.S. stocks hit a speed bump this week. Thursday’s session saw a hesitant recovery following two days of declines. The Dow Jones Industrial Average oscillated between modest losses and gains before ending essentially flat, around the 46,100 level. The S&P 500 likewise closed near 6,640, virtually unchanged on the day reuters.com. Early-session selling gave way to dip-buying in the afternoon, helping the blue-chip indexes finish well off their morning lows. The Nasdaq Composite was the notable laggard, slipping a few tenths of a percent and extending its losing streak. The tech-heavy index remains under pressure from a rotation out of high-valuation growth stocks markets.financialcontent.com. Even so, the broader market’s pullback so far has been orderly. The CBOE VIX volatility index fell to roughly 16.2, near its lowest in weeks nasdaq.com. That calm reading suggests investors are cautious but not panicked, and there’s little sign of the extreme fear that often accompanies sharper corrections.
Precious Metals Skyrocket as Gold Hits Record High – Fed Cuts & Global Tensions Fuel Rally

Precious Metals Skyrocket as Gold Hits Record High – Fed Cuts & Global Tensions Fuel Rally

Gold and silver prices have rallied sharply in late 2025 as investors seek safe-haven assets amid economic uncertainty and geopolitical tensions. Gold reached record highs above $3,790/oz this week, while silver hit its best levels since 2011. Gold has been on a tear, capping a two-year rally with new all-time highs this week. On September 23, spot gold hit an intraday record of $3,790.82/oz reuters.com before settling slightly lower. Even after a brief mid-week pullback on profit-taking, prices were holding near $3,750 by Thursday. The rally has been fueled by a confluence of factors: safe-haven demand spurred by global turmoil, and expectations of looser monetary policy in the U.S. reuters.com. Gold thrives in uncertainty and in low-rate environments – and lately it has plenty of both.
Nasdaq Rally Hits Speed Bump as Tech Stocks Wobble – Fed Warning and AI Jitters Shake Markets (Sept 24–25, 2025)

Nasdaq Rally Hits Speed Bump as Tech Stocks Wobble – Fed Warning and AI Jitters Shake Markets (Sept 24–25, 2025)

Wall Street’s momentum in tech stocks paused mid-week after an extended rally. On Wednesday, Sept. 24, the Nasdaq Composite index slipped 0.33% – its second straight daily decline investopedia.com. This dip ended a three-session streak of record closing highs. The Nasdaq-100 likewise pulled back from recent peaks. Major indices were relatively flat through Wednesday morning, but turned lower around midday after fresh remarks from the Federal Reserve stirred concerns reuters.com investopedia.com. By the close on Wednesday, the Nasdaq Composite stood at 22,497.86 points reuters.com, which analysts noted was still among the highest closes ever despite the modest decline morningstar.com. The S&P 500 and Dow Jones Industrial Average also fell nasdaq.com investopedia.com. All three benchmarks had notched all-time highs earlier in the week, so investors seized the opportunity to lock in profits. “Indexes near record levels” plus a high-valuation warning from the Fed Chair gave traders reason to hit the brakes after a strong run-up reuters.com.

Stock Market Today

  • HSBC Bank plc Sells £2.06 Billion of Notes, Now Trading in London
    July 3, 2026, 11:43 AM EDT. HSBC Bank plc sold about 2.06 billion GBP in Notes through its Notes and Warrants Programme, tied to UKSED3P Investments Limited's series 3531, 3527, and 3530. The Notes started trading on the London Stock Exchange's Main Market from July 3, 2026. HSBC said the offer follows the Financial Conduct Authority's prospectus rules. Terms and the base prospectus are on HSBC's site. The Notes have not been registered in the U.S. and can't be offered there without an exemption.
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