RTTNews·2025-09-25 12:56Market Overview - Stocks are expected to move lower in early trading, extending the pullback seen in the previous sessions, with S&P 500 futures down by 0.5 percent [1] - Concerns regarding the near-term outlook for the artificial intelligence sector may continue to impact market performance [1] Company Performance - Nvidia (NVDA) and Oracle (ORCL) are leading the market decline, with pre-market trading showing a slump of 1.2 percent for Nvidia and 3.5 percent for Oracle [2] - The AI sector is facing downward pressure despite the release of positive U.S. economic data [2] Economic Data - Initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000, contrary to economists' expectations of an increase [3] - Durable goods orders surged by 2.9 percent in August after a revised decline of 2.7 percent in July, defying expectations of a 0.5 percent decrease [4] Upcoming Reports - The Commerce Department is set to release a report on personal income and spending for August, which includes key readings on consumer price inflation [5] - A report on existing home sales for August is also anticipated, with expectations of a 1.3 percent decrease to an annual rate of 3.96 million [6] Stock Market Performance - Major averages finished lower, with the Dow down by 171.50 points (0.4 percent), the Nasdaq down by 75.62 points (0.3 percent), and the S&P 500 down by 18.95 points (0.3 percent) [7] - Asian stock markets closed mixed, with Japan's Nikkei 225 Index up by 0.3 percent, while European markets moved to the downside, with the German DAX Index down by 1.0 percent [8][9] Commodities and Currency - Crude oil futures fell by $0.42 to $64.57 a barrel, while gold futures increased by $3.60 to $3,771.70 an ounce [10] - The U.S. dollar is trading at 149.19 yen, up from 148.90 yen, and valued at $1.1701 against the euro, down from $1.1738 [10]