The S&P 500 ($ Spy) (SPY) (SPY) has decreased by -0.15 %, as the Dow Jones Industries ($ DOI) (DIA) (DIA)) has decreased by -0.49 %, and the NASDAQ 100 ($ IUXX) (QQQ) rate of +03 %. Futures decreased in September (ESU25) by -0.13 %, and future NQU25 in September (NQU25) +0.05 %.
Stock indexes are mixed today, which restores some of the acute gathering last Friday. Fears about customs tariffs and their impact on inflation and companies’ profits weighing on shares. Also, the highest bond returns are negative for stocks, as the return increased 10 years +4 BP to 4.29 %. Arrows that have been recovered from their worst levels are mixed with the power in the wonderful seven technological stocks.
Despite the comments he made last Friday from the Federal Reserve Chairman Powell, who said that the negative risks of the labor market may “justify the control of our position on politics”, there are concerns about the amount of what the Federal Reserve Bank can reduce interest rates, with fears that inflation will rise from the levels that are still stable with the transfer of President Trump’s tariff through the economy.
The American economic news today was mixed with stocks. The National Activity Index in July in Chicago -0.37 decreased to -0.19, weaker than -0.11 expectations. However, the new July home sales decreased unexpectedly -0.6 % m/m to 652,000 from 656,000 reviews in June (originally reported 627,000), still stronger than 630,000 expectations.
On the geopolitical front, diplomatic efforts to end the war in Ukraine remain far, as the United States is trying to mediate a peace agreement between the two countries. On Sunday, Russian Foreign Minister Lavrov said that there was no planned meeting between the leaders of Russia and Ukraine and that “there must be an agenda first” to hold a meeting. “This agenda is not ready at all.”
Regarding the definitions, President Trump expanded last week from a steel and aluminum tariff to include more than 400 consumers containing minerals, such as motorcycles, auto parts, furniture components and table tools. The change came into effect on Monday and did not exclude the goods in crossing.
In other recent tariff news, on August 13, Mr. Trump expanded the tariff truce with China for another 90 days until November. On August 6, Mr. Trump announced that it would double the tariffs on American imports from India to 50 % of the current 25 % tariff, due to India’s purchases of Russian oil. According to Bloomberg Economics, the average US tariff will increase to 15.2 % if the rates are implemented as announced, higher than 13.3 % earlier, much higher than 2.3 % in 2024 before announcing the tariff.
The markets this week will focus on any new news or developments on ending the Ukrainian Russian war. On Tuesday, July, new orders of capital and spare parts are expected to slide, a capital agent, 0.2 %/m. Also, it is expected that the home price index in June and P Corelogic-20 to +2.20 % on an annual basis of +2.79 % on an annual basis in May. Finally, on Tuesday, the consumer confidence index is expected to decrease in the AUG -0.8 Conference Council to 96.4. After closing on Wednesday, NVIDIA will issue quarterly profit results. On Thursday, the Q2 GDP is expected to review the top of +0.1 to 3.1 % (annual Q/Q). Also, the weekly initial unemployment claims are expected to decrease by -5000 to 230,000. On Friday, personal spending is expected to rise in July +0.3 % m/m, and personal income is expected to rise in July +0.4 %/m. Also, the PCE CORE price index is expected to climb, which is the preferred inflation scale of the Federal Reserve, 0.2 % M/M and +2.9 % on an annual basis. In addition, Aug Mni Chicago PMI -0.6 is expected to decrease to 46.5. Finally, the consumer morale is expected to be at Michigan’s final University in the United States, not review at 58.6.
Future prices in federal funds deduct an average rate of 84 % of 84 % in the next FOMC meeting from September 16 to 17. The markets deduct the opportunities by 53 % to reduce the second interest rate of 25 basis points at the next meeting on 28-29 October.
Profit reports indicate that the S&P 500 profits of the Q2 are going on the right path to an increase of +9.1 % on an annual basis, much better than the pre -season expectations of +2.8 % on an annual basis and most of them in four years, according to Bloomberg. With the collapse of the second quarter profit season, more than 94 % of the S&P 500 companies that reported the second quarter profits have reached about 82 % of companies, profit estimates.
Foreign stock markets today are mixed. Euro Stokes 50 decreased -0.33 %. The Chinese Chinese compound gathered to the highest new level for 10 years and closed 1.51 %. Nikkei’s share in Japan closed 225 +0.41 %.
Useful interest rates
T-Notes September 10 (ZNU5) decreased today to the bottom -8 ticks, and the T-Note revenue increases for 10 years +3.7 basis points to 4.291 %. Sep T-Notes is under pressure today, as it restores some of the gathering last Friday. Fears that President Trump’s tariff will push inflation to the highest levels that limit the bullish trend in T-Notes. Also, high inflation expectations reduce T-Note prices after an increase in the 10-year-old inflation rate to an increase of 3.5 weeks today by 2.435 %. In addition, display pressures are negative for T-Notes as the cabinet will make $ 211 billion from T-Notes and Notes Rapys this week, starting with Tudent auction on Tuesday from T-Notes for two years.
The losses in T-Notes are limited due to some positive deportation from last Friday, when the Federal Reserve Chairman Powell said that negative risks to employment are increasing and may include the changing risk balance of monetary policy modification.
European government bonds revenue today rises. The German Bund return increases for 10 years +4.8 basis points to 2.770 %. Gilts are not traded for 10 years today, as markets have been closed in the United Kingdom to spend the summer bank holiday.
The German Aug IFO +0.4 trade climate survey has risen to a height of 16 months at 89.0, stronger than +0.2 to 88.8.
Perceptions fluctuate 1 % chance to reduce the interest rate by -25 basis points by the European Central Bank at the September 11 Policy meeting.
American engines
Furniture shares are declining today after President Trump said that the furniture coming from other countries to the United States will be targeted at an unnoticed rate. RH (RH) and Wayfair (W) decreased more than -8 %. Also, Williams -Sonoma (WSM) decreased more than -3 %.
The arrows exposed to the cryptocurrency today decreased at the price of Bitcoin (^BTCUSD) by more than -4 % at the lowest level in 6 weeks. More than 3 % decreased.
The wonderful SEVEN Megacap technology shares are stronger today and provide support for the total market. NVIDIA (NVDA) and Alphabet (Googl) increased more than +1 %. Also, (AAPL) +0.37 % rises, Amazon.com (amzn) +0.21 %, Microsoft (MSFT) increases +0.09 %, and Tesla (TSLA) and Meta (Meta) rising +07 %.
Keurig Dr Pepper (KDP) has decreased more than -8 % to lead the losers in the S&P 500 and NASDAQ 100 after it agreed to buy JDE Pete NV for $ 18.4 billion.
Evers Energy (ES) decreased more than 7 % after the Trump administration prevented the construction of the ORSTED revolution that is almost in the case of marine winds, which Eversource has opponents related to selling global infrastructure partners.
AXOGEN (Axgn) decreased more than 9 % after the Food and Drug Administration extended its review of the company’s Biologics license app for Avance Nervity Prapt by three months until December 5, 2025.
The American Eagle Outfitters (AEO) decreased more than -2 % after the Bank of America Global Research reduced the shares classification to the weakness of neutrality with the price goal of $ 10.
Dyne Therapeutics (DYN) increased more than +8 % after Raymond James to Buy Strong from Outperform with a $ 35 target.
FABRINET (FN) has risen more than +6 % after an upgrade JPMorgan Chase to the weight of Neutral.
Venture Global (VG) increased more than +4 % after UBA upgrade to buy from Neutral with a $ 18 price goal.
Intel (INTC) increased by more than +1 % to lead the winners of Nasdak 100 after the United States government obtained a 10 % stake in the company.
Marketaxess Holdings (MKTX) increased more than +1 % after upgrading Argus Research to the arrow to buy from Hold with a $ 212 goal.
Profit reports (8/25/2025)
Heico Corp (Hei), Napco Security Technologies Inc (NSSC), PDD Holdings Inc (PDD), Seemtech Corp (SMTC).
On the date of publication, Rich Asplund did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com
