Market Overview - U.S. stocks opened with modest gains, influenced by President Trump's positive remarks on U.S.-China trade talks and anticipation of the Federal Reserve's interest rate decision [1][2] - The S&P 500 and Nasdaq Composite are expected to extend last week's record highs, while the Dow Jones Industrial Average remained largely unchanged [1] Federal Reserve Interest Rate Decision - The Federal Reserve's two-day meeting is concluding Wednesday, with expectations for a 25-basis-point rate cut, marking the first cut in nine months [2][3] - This rate cut is viewed as a necessary measure to support economic growth amid concerns about a weakening labor market and persistent inflation [3] - Historically, initial rate cuts have led to positive stock returns, with the S&P 500 averaging an 11% gain in the following year [3] Market Reactions and Risks - There are concerns that the anticipated rate cut could lead to a "sell-the-news" reaction, potentially causing a market pullback [6] - Analysts caution that if the Fed's actions do not meet market expectations, increased volatility may occur [6] Nvidia and Antitrust Issues - Nvidia's shares fell in premarket trading after China's State Administration for Market Regulation announced that the company violated antitrust laws related to its $6.9 billion acquisition of Mellanox Technologies [7] - The Chinese authorities have decided to expand their investigation into Nvidia, adding complexity to the market landscape [7] Broader Market Sentiment - Despite challenges, the broader market remains resilient, with the S&P 500 and Nasdaq Composite on track to build on recent gains [8] - Investors are closely monitoring the Federal Reserve's decision and developments in U.S.-China trade relations, with particular attention on Chairman Jerome Powell's press conference for insights into future monetary policy [8]

Core Insights - The crypto market is showing resilience in September, with major altcoins like Dogecoin and Solana attracting risk-seeking investors [1] - The Altcoin Season Index reached 80 points, the highest in 2025, indicating strong bullish sentiment [2] - The Crypto Fear and Greed Index increased from 39 to 53, reflecting growing optimism among investors [2] Market Context - The S&P 500 and Nasdaq both hit record highs, advancing 0.85% and 0.72% respectively, as markets anticipate an 89% chance of a Federal Reserve interest rate cut [3] - The Federal Reserve has maintained interest rates between 4.25%-4.50% since December 2024, with expectations for at least a 0.25% cut at the upcoming meeting [4] - Core inflation is at 2.9% and unemployment rose to 4.2% in July, providing justification for the Fed to ease monetary policy, potentially releasing around $7 trillion from money market funds into risk assets [5] Dogecoin Analysis - Dogecoin has seen a price increase of over 11% in the past week, indicating a resurgence of retail investment in crypto [6] - Despite a recent 5% dip, the technical indicators for Dogecoin remain strong, with a Relative Strength Index (RSI) of 60 suggesting bullish momentum [8] - The Average Directional Index (ADX) for Dogecoin is at 26, indicating a strong trending environment [8] - Current price support for Dogecoin is around $0.23, suggesting potential short-term downside but not alarming for traders [9]

The Marriner S. Eccles Federal Reserve building in Washington. `` ```` The Federal Reserve’s widely expected interest rate cut this week will increase risks for stocks, bonds and the dollar if it’s perceived to be driven by political pressure and doesn’t align with the central bank’s forecasts for the economy, according to David Kelly, chief global strategist at JPMorgan Asset Management. `` ```` Wall Street bond and stock investors, who have been cheering over the Fed’s expected resumption of interest rat ...

Market Overview - Benchmark indices traded largely flat as investors remained cautious ahead of the Fed policy meeting, with the IT index witnessing profit booking after last week's rally [1][14] - The Indian market ended lower, with the Nifty 50 breaking an eight-session winning run, as weakness in IT and auto shares dragged benchmarks lower [14] Federal Reserve Insights - A 25-basis-point rate cut is largely factored in, with markets awaiting guidance on the future rate path to gauge the trajectory for bond yields [2][6][14] - Strong domestic consumption continues to underpin sentiment and limit downside, while renewed optimism around trade deals and an expected earnings recovery in H2FY26 are further supporting investor confidence [2][14] U.S. Market Performance - The S&P 500 and the Nasdaq hit intraday record highs, with Tesla shares gaining 5.8% following CEO Elon Musk's stock purchase of nearly $1 billion [5][14] - The Fed's rate decision is expected to take center stage this week, with investors largely anticipating a 25-basis-point cut [6][14] European Market Performance - European shares reached a three-week high, lifted by financials ahead of central bank meetings, including the U.S. Federal Reserve's [7][14] - The pan-European STOXX 600 was up 0.42% at 557.16 points, with UBS rising 1.7% amid reports of a potential move to the U.S. in response to new capital requirements [7][14] Technical Analysis - The Nifty formed a small reversal candle on the daily chart, indicating skepticism ahead of the Fed rate decision, with the previous swing high acting as resistance [8][14] - Support is placed at 24,800, and a fall below this level might trigger further weakness, while a move above 25,150 could induce a fresh rally [9][14] Active Stocks - Anant Raj, JBM Auto, Vodafone Idea, HDFC Bank, Waaree Energies, Godawari Power, and Bajaj Finance were among the most active stocks on BSE in value terms [9][14] - Vodafone Idea, YES Bank, Suzlon Energy, Godawari Power, Motherson Sumi, Ola Electric Mobility, and Anant Raj were among the most actively traded stocks in volume terms on NSE [10][14] Buying and Selling Interest - Stocks showing strong buying interest included Godawari Power, Anant Raj, Aegis Logistics, Railtel Corp, Ircon International, Vodafone Idea, and Sarda Energy [11][14] - Significant selling pressure was observed in GRSE, Syrma SGS Technology, Motherson Sumi Wiring India, ACME Solar Holdings, Neuland Labs, Aster DM Health, and Biocon [12][14] Market Sentiment - Market sentiments were neutral, with 2,008 stocks witnessing declines, 2,209 seeing advances, and 172 stocks remaining unchanged out of 4,389 stocks that traded on the BSE [13][14]

Group 1 - Gold prices reached a record high of $3,704.10 per troy ounce as investors anticipate a potential interest rate cut by the Federal Reserve [1][2] - The market expects a quarter-point rate cut this week, with the possibility of two additional cuts before the end of the year, driven by recent labor market weakness [2] - Gold futures are currently trading at $3,703.10 an ounce, reflecting a 40.2% increase this year, while the U.S. dollar index has decreased by 0.2% to 97.39 [2]

Monetary Policy and Federal Reserve Actions - The U.S. Federal Open Market Committee (FOMC) is expected to cut rates by 25 basis points (bps) for the first time in 2025, following a total cut of 100 bps in the last three meetings of 2024 [1][3] - The decision is complicated by low job gains, including a loss of 13,000 jobs in June, while inflation is slowly increasing, influenced by tariff policies [2] - There is speculation whether the rate cut could be larger, potentially reaching 50 bps, which would set rates between 3.75% and 4.00% for the first time in nearly three years [3] Political Influences on the Federal Reserve - The politicization of the Fed is evident, with President Trump criticizing Fed Chair Jerome Powell for being slow to reduce rates and attempting to remove Fed Governor Lisa Cook over personal finance allegations [4] - A federal judge's injunction reversed Trump's decision to fire Cook, but the White House is contesting this to prevent her from voting in the upcoming FOMC meeting [4][6] - The Senate is set to vote on confirming Stephen Miran, a pro-Trump official, to the FOMC, who has previously advocated for a 300 bps rate cut [5] Manufacturing Sector Performance - The Empire State Manufacturing Index reported a negative reading of -8.7 for September, significantly below the expected +4.5 and a decline from August's 11.9 [7][8] - This marks the first negative reading in three months and reflects a broader trend, with seven out of the past twelve months showing negative growth in New York State manufacturing [9]

This live blog is refreshed periodically throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Monday. This is TheStreet's Stock Market Today for Sept. 15, 2025. You can follow the latest updates on the market here, our daily live blog. Update: 4:01 p.m. ET Market Close: Onwards and Upwards Ahead of Fed Rate Decision Equities set new highs today ahead of the start of the Fed's highly-anticipated FOMC meeting tomorrow. The Nasdaq (+0.9 ...

Market Overview - Stocks experienced gains last week, with the S&P 500 increasing by 0.8% and the Nasdaq Composite rising by 0.9%. The Dow Jones Industrial Average, however, fell by 0.5% [2] - The market's focus is on economic data reports and their potential impact on the upcoming Federal Reserve Open Market Committee meeting [2] Federal Reserve Expectations - Following recent inflation reports, the probability of a 25-basis point rate cut has reached 96%, with a small 4% chance for a half-point cut. This indicates a strong expectation for a rate cut [3] - A quarter-point cut is likely already priced into equities, suggesting that investors should pay close attention to Fed Chair Powell's comments rather than just the cut size [3] Government Shutdown Concerns - There is a rising risk of a government shutdown, with prediction markets indicating a 55% chance. This is notable given the upcoming midterm elections and increasing job losses [4] IPO Market Activity - Recent IPOs, including Klarna and Gemini Space Station, showed relative strength, indicating investor appetite for new assets. However, there are concerns about valuations becoming overextended [5] - Shares of Gemini are indicated to rise by nearly 5%, while Klarna is up just under 1% [5] Individual Stock Movements - Nvidia shares are down over 1% in premarket trading due to accusations from China regarding anti-monopoly law violations, which could impact trade negotiations [6] - Tesla stock is indicated to rise by almost 8% following Elon Musk's purchase of 2.5 million shares, valued at approximately $1 billion, signaling confidence in the company [8] Commodity and Currency Trends - The U.S. dollar is showing weakness, while gold has increased by 30% this year, raising questions about potential economic slowdown or inflation [9] - The weakening dollar may exacerbate inflation concerns if gold's rise is indicative of future economic conditions [9] Upcoming Market Events - This week features triple witching, where listed options, futures, and futures options will expire, potentially leading to increased market volatility [10]

Group 1 - The Federal Reserve is expected to make a decision on interest rates this week, with President Trump advocating for a significant cut, although market expectations do not align with this [1][2] - Recent economic indicators, such as the Empire Manufacturing report showing a significant loss, suggest a slowing economy, which may provide the Fed with justification for a rate cut [2][4] - Inflation remains a concern, with current rates at 2.9% for headline and 3.1% for core CPI, both significantly above the Fed's 2% target [4][6] Group 2 - The housing market is a focal point for the potential impact of rate cuts, with President Trump suggesting that a cut could alleviate housing issues, although the correlation is uncertain [5][6] - The long end of the yield curve, which influences mortgage rates, may not respond as expected if inflation continues to rise, potentially limiting the effectiveness of rate cuts on housing affordability [6][7] - If mortgage rates decrease due to lower long-term rates, it could lead to increased demand in the housing market, subsequently driving up house prices [7][8]

Summary of Key Points from the FOMC Preview Industry Overview - The document pertains to the North American economic outlook, specifically focusing on the Federal Open Market Committee (FOMC) and its monetary policy decisions. Core Insights and Arguments - **Rate Cut Expectations**: The FOMC is anticipated to implement a 25 basis point (bp) rate cut at the upcoming meeting, marking the beginning of a series of quarterly "insurance cuts" [5][9][30] - **Cautious Approach to Inflation**: Despite the expected rate cuts, core FOMC members are likely to adopt a cautious stance regarding inflation risks, indicating a gradual approach to easing [5][30] - **Economic Projections**: The median unemployment rate projection for 2025 is expected to remain at 4.5%, with GDP estimates showing a modest upward revision to 1.6% from 1.4% [11][25] - **Dissenting Opinions**: There are expected to be four dissents regarding the decision to cut rates, with some members advocating for a larger 50 bp cut due to recent labor market data [9][28][30] Important but Potentially Overlooked Details - **Labor Market Dynamics**: Despite a slowdown in the labor market, layoffs have remained low, and the unemployment rate has only gradually increased, suggesting that officials may not react strongly to weak non-farm payroll (NFP) data as long as unemployment remains contained [13][18] - **Inflation Risks**: The core Personal Consumption Expenditures (PCE) inflation forecast for 2025 is expected to hold steady at 3.1%, but there are concerns about persistent inflation pressures, particularly in labor-intensive services [19][27] - **Long-Term Projections**: The 2026 median dot is likely to decline to 3.375%, reflecting expectations for additional rate cuts in the following year [7][10] - **Market Reactions**: The markets have priced in aggressive easing in response to disappointing labor data, but the FOMC's cautious approach may temper expectations for rapid rate reductions [5][30] Conclusion - The FOMC's upcoming meeting is set against a backdrop of a slowing labor market and inflation concerns, leading to a cautious yet proactive monetary policy stance. The anticipated rate cut is seen as a necessary measure to manage economic risks while maintaining a focus on inflation and employment stability.