Group 1 - Dogecoin (CRYPTO: DOGE) is experiencing a decline of 4.7% in the last 24 hours, contrasting with a 0.4% increase in the S&P 500 and a 0.9% gain in the Nasdaq Composite [1] - The decline follows a previous surge driven by economic data suggesting imminent interest rate cuts, which had initially boosted Dogecoin and other cryptocurrencies [2][3] - Upcoming significant token releases, including 96.5 million Dogecoins worth nearly $27 million, are dampening investor enthusiasm and exerting downward pressure on prices [3][7] Group 2 - The Federal Reserve is expected to make a decision on interest rate cuts, with market sentiment leaning towards a reduction following the recent Consumer Price Index (CPI) report and jobless claims data [2] - Lower interest rates typically benefit higher-risk assets like Dogecoin, but the current market is facing inflationary pressures from multiple token releases, including significant amounts from Solana, Worldcoin, and Official Trump token [3][7] - Dogecoin's value is largely driven by market sentiment and hype, making it highly volatile and susceptible to fluctuations in investor confidence [5][7]

Market Performance - The S&P 500 and Nasdaq 100 reached new all-time highs, closing up +0.47% and +0.84% respectively, while the Dow Jones increased by +0.11% [2][5] - Major US indexes are driven by expectations of Federal Reserve interest rate cuts, with a total of 70 basis points of cuts anticipated by year-end [5][8] Economic Indicators - The September Empire manufacturing survey fell to a three-month low of -8.7, significantly below expectations of 5.0, indicating bearish sentiment for stocks [4][10] - Weakness in Chinese economic data, including industrial production and retail sales growth, raises concerns about global growth prospects [6] Company-Specific Developments - Texas Instruments saw a decline of over -2% due to China's anti-dumping investigation into its semiconductor products [3][19] - Nvidia faced regulatory challenges after being ruled to have violated anti-monopoly laws related to its acquisition of Mellanox Technologies [3] Sector Movements - Megacap technology stocks, including Alphabet and Tesla, experienced significant gains, with Alphabet rising over +4% after a price target increase by Citigroup [15] - Chip makers rallied, with ASML Holding leading gains in the Nasdaq 100, closing up more than +6% [16] Upcoming Economic Data - Market focus will be on upcoming economic data releases, including retail sales and manufacturing production, as well as the FOMC meeting where a rate cut is expected [7][8]

Market Outlook - UBS Asset Management has a bullish outlook on the market ahead of the Federal Reserve's interest rate decision [1] - The firm expects a 25 basis points cut this week, with a total of 75 basis points of cuts anticipated over the next three meetings [3][4] Federal Reserve's Position - There is a significant discrepancy between market expectations and the Fed's projected rate easing, with 150 basis points priced in by the end of next year, while the Fed suggests it will take years to reach those levels [2] - The Fed is facing pressure from hawkish regional presidents who are reluctant to cut rates aggressively, despite Chairman Powell's inclination to ease [4] Labor Market and Inflation - The labor market remains a primary concern for the Fed, with an unemployment rate increase of 8 basis points last month, but initial jobless claims have not spiked yet [6][7] - Inflation is still a pressing issue, and the Fed is monitoring how tariffs and other factors may influence future inflation numbers [12] Economic Segments - The economy is currently characterized by three distinct segments: a recessionary housing market, a booming AI capital expenditure sector, and a resilient consumer market that is expected to slow down [9][10] - The Fed's neutral rate is estimated at 3%, but there is uncertainty regarding its exact level due to varying financial market conditions [10][11]

NEW YORK (AP) — Wall Street rose to more records on Monday at the start of a week that could show whether the U.S. stock market’s big recent rally has been overdone or prescient.The S&P 500 climbed 0.5% and topped its prior all-time high, which was set last week. The Dow Jones Industrial Average rose 49 points, or 0.1%, and the Nasdaq composite added 0.9% to its own record.Tesla helped lead the way and rose 3.6% after Elon Musk bought stock worth roughly $1 billion through a trust. The electric vehicle comp ...

Wall Street is rising toward more records on Monday at the start of a week that could show whether the U.S. stock market’s big recent rally has been overdone or prescient.The S&P 500 rose 0.4% and was on track to top its latest all-time high, which was set last week. The Dow Jones Industrial Average was up 33 points, or 0.1%, as of 1:54 p.m. Eastern time, and the Nasdaq composite was adding 0.8% to its own record.Tesla helped lead the way and rose 5.3% after Elon Musk bought stock worth roughly $1 billion t ...

`` Let’s not beat around the bush: Gold is on fire right now. Prices have shot up by 34% so far in 2025 basis the December contract (GCZ25), hitting an all-time high of $3,720.40 per ounce this week. `` `` That’s a pretty staggering rally, and it’s probably got a lot of wistful buyers wishing they’d made an entry sooner. But the craziest thing about this surge is that nobody’s expecting it to stop anytime soon. `` More News from Barchart `` `` `````````` Sustained demand, the perfect macro backdrop, and bu ...

Market Overview - The S&P 500 and Nasdaq 100 have reached new all-time highs, supported by falling bond yields and expectations of a 25 basis point interest rate cut by the Federal Reserve [2][5] - Major US stock indexes, including the S&P 500, Dow Jones, and Nasdaq 100, continue to post record highs due to expectations of Fed interest rate cuts [5] Economic Indicators - The September Empire manufacturing survey showed a significant decline in general business conditions, falling -20.6 to a three-month low of -8.7, which was weaker than the expected 5.0 [4] - China's August industrial production rose +5.2% year-on-year, below expectations of +5.6%, while retail sales increased +3.4% year-on-year, also weaker than the expected +3.8% [6] Company Performance - Tesla's stock rose more than +5% after Elon Musk purchased nearly $1 billion in shares, leading gains in megacap technology stocks [2][14] - Nvidia's stock fell more than -1% after a ruling from China that the company violated anti-monopoly laws related to its acquisition of Mellanox Technologies [3][18] - Texas Instruments saw a decline of more than -2% following news of an anti-dumping investigation by China targeting its semiconductor products [3][17] Upcoming Economic Events - The FOMC meeting is anticipated to result in a 25 basis point rate cut, with markets pricing in a 100% chance of this outcome [8] - Upcoming economic data includes expected increases in August retail sales and a decline in manufacturing production [7]

The S&P 500 Index ($SPX) (SPY) today is up +0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.49%.  September E-mini S&P futures (ESU25) are up +0.43%, and September E-mini Nasdaq futures (NQU25) are up +0.54%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs.  Falling bond yields are supportive for stocks ahead of the Tue/Wed FOMC meeting, when the Fed is expected to cut interest rates by 25 bp ...

Core Viewpoint - The Federal Reserve is facing increasing pressure regarding its independence and the composition of its policy-setting committee, particularly with President Trump's push for significant interest rate cuts amid concerns over job growth and rising unemployment [1][4][5]. Group 1: Federal Reserve's Independence and Composition - A federal appeals court is set to rule on whether Fed Governor Lisa Cook can remain in her position while litigation regarding her potential firing by Trump is ongoing, which could impact the Fed's independence in monetary policy [2]. - The U.S. Senate is expected to confirm Stephen Miran to the Fed's Board of Governors, which may align the Fed more closely with the Trump administration's calls for aggressive rate cuts [3]. Group 2: Interest Rate Decisions - Trump has publicly urged the Fed to cut interest rates significantly, suggesting a reduction larger than previously considered, which he believes will boost the housing market [4]. - The Fed is anticipated to lower its benchmark interest rate by 0.25 percentage points to a range of 4.00%-4.25% at the conclusion of its meeting, despite concerns about inflation [4][5]. - Further rate cuts may occur in October and December, but at a slower pace than Trump's demands, as economists view his call for a 1% reduction as misaligned with the need to maintain stable inflation [5]. Group 3: Risks to Monetary Policy - A recent poll indicated that a majority of former Fed policymakers perceive a heightened risk that diminished Fed independence could lead to overly loose monetary policy and increased inflation [7].

Key Points There was no news out on the home flipper, but the volatility in the stock continued. Investors looked forward to the Federal Reserve rate decision. CEO Kaz Nejatian had his first day on the job. 10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: OPEN) were moving higher today, even as there was no news out on the volatile online home flipper. Instead, investors seemed to be looking forward to Wednesday's rate decision from the Federal Reser ...