Yahoo Financeยท2025-09-25 01:22Market Overview - The market experienced a decline following Fed Chair Jerome Powell's speech, which highlighted market uncertainty and stagflation [1] - Major indices closed lower, with the S&P 500 and Nasdaq both down 0.3%, the Dow Jones Industrial Average down 0.4%, and the Russell 2000 down 0.9% after reaching a 52-week high [2] Sector Performance - The oil and energy sectors emerged as the best performers, with the Energy Select Sector SPDR Fund (XLE) gaining 1.3% [2][7] - Gold prices dipped 1.5% after a rally, although analysts expect prices to continue climbing [3] Consumer Spending and Economic Indicators - A Bank of America report indicated that total debit and credit card spending per household has increased in recent months [4][7] - There was a reported surge in new house sales, but economists dismissed it as a fluke [4] Notable Stock Movements - Lithium Americas (LAC) saw a stock increase of 95.5%, while Tesla gained 4% due to analyst confidence [4] - uniQure, a gene therapy company, experienced a significant stock surge of 247.8% following positive results from its AMT-130 study for Huntington's disease [10] Noteworthy Stocks - Stocks with notable gains included Xcel Energy Inc (+6.7%), Intel Corp (+6.4%), Centene Corp (+5.8%), Mosaic Co (+4.3%), and CF Industries Holdings Inc (+5.7%) [8] - Conversely, the worst-performing stocks included Freeport-McMoRan Inc (-16.9%), Axon Enterprise Inc (-10.2%), and KKR & Co Inc (-6.3%) [12]