The S&P 500 ($ Spy) (SPY) has closed on Friday by +1.52 %, closed the Dow Jones Industries ($ DOI) (DIA) by +1.89 %, and closed the NASDAQ 100 ($ IUXX) index (QQQ) by +1.54 %. Futures increased in September (S&P) (ESU25) by 1.52 %, and future E-MINI NASDAQ increased (NQU25) +1.55 %.
The stock indicators settled sharply on Friday, when Dow Jones Industries published the highest new level ever. The stock prices jumped and bond revenues declined after the Federal Reserve Chairman’s comments opened the Powell Al -Bab to reduce the Federal Reserve rate next month. The President of the Federal Reserve Powell said that the negative risks of employment are high, and the variable risk balance may include amending monetary policy. The 10-year T-Note returns fell to the lowest level in the weeks at 4.24 % on the comments, and the chances of reducing the federal reserve rate at the FOMC meeting on September 29-30 increased to 81 % of 71 % before Powell spoke.
“The stability of the unemployment rate and other labor market measures allows us to move forward as we think about changes in our position on politics. However, politics in restrictions, basic expectations and a balance of variable risk may ensure the amendment of our political position,” said Federal Reserve Chairman Powell.
The comments of the Federal Reserve Chairman in Boston Susan Collins on Friday were a little bit, as she noticed that American economic growth slowed, but the total economic basics are strong, with upward risks to inflation and negative risks to work. She added that the federal reserve policy is modestly restricted, which is appropriate.
On the geopolitical front, US Vice President Vances said that negotiations on ending the Russian war in Ukraine focus on the security guarantees of Ukraine and the region that Russia wants to control, including the Ukrainian lands that are currently not occupying it, as the United States is trying to reach a peace agreement between the two countries. The United States is working to hold a meeting between the presidents Putin and Zelinski, and if this meeting goes well, President Trump said he will look forward to a follow -up with a triple summit with the leaders.
Regarding definitions, President Trump has expanded steel and aluminum tariffs to include more than 400 consumers that contain 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. Last Friday, Mr. Trump said: “I will put the customs tariff next week and the next week on the steel, and I would like to say chips – chips and semi -conductors, we will do somewter next week, after a week after that.” Mr. Trump said last week that he planned a 100 % tariff on semiconductors, but he will excuse companies that transport chips to the United States. Mr. Trump also mentioned 200 % or 300 % definitions on chips.
In other recent tariff news, Mr. Trump last Tuesday extended the tariff 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. On August 5, Mr. Trump said that the American customs tariff will be announced on drug imports “next week or so.” 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.
Future prices in federal funds deduct the chances of reducing the interest rate -25 basis points by 81 % at the FOMC meeting from September 16 to 17, an increase of 71 % on Thursday. The markets deduct the opportunities by 55 % 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 more than 94 % of the S&P 500 companies that reported the profits of the second quarter, about 82 % of the companies estimated the profit estimates.
Foreign stock markets on Friday settled higher. Euro Stoxx 50 rose to a height of 5 months and closed 0.48 %. The Chinese Shanghai boat rose to the highest new level for 10 years and closed +1.45 %. Nikkei’s share in Japan was recovered 225 of the lowest 1.5 week -minute and closed 0.05 %.
Useful interest rates
T-Notes 10 September (ZNU5) closed on Friday an increase +19, and the T-Note revenue decreased for 10 years -7.2 basis points to 4.256 %. Sep T-Notes rose to the top on Friday for one week, and the T-Note return for a year decreased to the lowest level in weeks at 4.240 %. On Friday, the prices of T-Note jumped on comments from the Federal Reserve President Powell, who said that the negative risks of employment are increasing and the changing risk balance may require monetary policy amendment. Powell’s comments reinforced the chances of reducing the Federal Reserve rate of 25 basis points to 81 % at the September 29-30 meeting of 71 % on Thursday.
The gains in T-Notes are limited through the hawks comments from the Federal Reserve Chairman in Boston Susan Collins, who said that the federal reserve policy is restricted in a suitable manner appropriate. Also, high inflation expectations are decreased for T-Notes after the high rate of inflation for 10 years to the highest level in 3 weeks on Friday by 2.421 %.
European government revenues fell on Friday. German return has decreased for 10 years -3.5 basis points to 2.722 %. The return of the UK doctrine decreased for 10 years from an increase of 2.75 months, amounting to 4.759 % and ending by -3.7 basis points to 4.693 %.
German GDP Q2 has been revised to -0.3 % Q/Q and -0.2 % Y/Y from previously -0.1 % Q/Q and Y/Y not changing.
The bares fluctuate the chances by 2 % to reduce the interest rate by the European Central Bank at the September 11 Policy meeting.
American engines
Power in chips has supported gains in the wider market. On semiconductor (ON) closed more than +6 % and closed Globalfoundries (GFS) and Intel (INTC) more than +5 %. Also, the NXP NV (NXPI) and micro chip technology (MCP) closed more than +4 %, and closed ARM Holdings PLC (ARM) more than +3 %. In addition, advanced micro -devices (AMD), Texas Instruments (TXN), Marvell Technology (MRVL), ASML Holding NV (ASML) and Qualcom (QCOM) are more than +2 %.
The shares of the wonderful technology for seven Megacab rose on Friday, a bullish factor for the total market. Tesla (TSLA) closed more than +6 %, closed Alphabet (Googl) and Amazon.com (amzn) more than +3 %. Also, Meta (Meta) platforms closed more than +2 %, closed Apple (AAPL) and NVIDIA (NVDA) more than +1 %. In addition, Microsoft (MSFT) +0.59 % closed.
Economic optimism strengthened airlines and flight lines on Friday. The Norwegian flights group (NCLH), the American Airlines Group (AAL) and ALASKA AIR GROUP (Alk) closed more than +7 %. Also, Carlival (CCL), Delta Air Lines (DAL), and Royal Caribbean Cruises Ltd (RCL) closed more than +6 %. In addition, United Airlines (UAL) and Southwest Airlines (LUV) closed more than +5 %.
House builders and home building supplies rose to the top of Friday after the 10 -year returns decreased to its lowest level per week, which is a supportive factor to demand housing. Builders First Source (BLDR) closed more than +8 %, and MHK (MHK) has closed more than +7 %. Also, Lennar (LEN), Pultegroup (PhM), Dr Horton (DHI) and Toll Brothers (TOL) closed more than +5 %.
Yobikiti (UI) closed more than +29 % after reporting the fourth quarter revenues of $ 759.2 million, which is much higher than a consensus of $ 621 million.
Zoom Communications (ZM) closed more than +12 % after reporting the second-quarter revenue of $ 1.22 billion, better than a consensus of $ 1.20 billion, and raised its revenues for 2026 to $ 4.83 billion-4.84 billion dollars from previous estimates of $ 4.80 billion -4.81 billion dollars, from reference to $ 444 of bills 4.81 dollars.
QXO Inc (QXO) closed more than +7 % after Benchmark Company LLC started covering the arrow with a recommendation to buy and target a price of $ 50 ..
ESAB Corp (ESAB) closed more than +4 % after upgrading Loop Capital Markets to the arrow to buy from Hold with the price of $ 140.
Intuit (InTu) closed more than -5 % to lead the losers in the S&P 500 and NASDAQ 100 after predicting the income of the rate of 2026 of 8.61 billion dollars -8.69 billion dollars, which is the point of the center without a consensus of 8.67 billion dollars.
CSX Corp (CSX) closed more than 3 % after announcing a joint multimedia service with BNSF recharge between California, Nortaith Carolina and Florida.
Workday (WDAY) closed more than -2 % after reporting an unexpected loss -5 million dollars in professional services in the second quarter of the total profit for $ 9.5 million profit expectations.
On Friday pressure on Friday. AT & T (T) and T -Mobile US (TMUS) closed more than -2 %. Also, Verizon Communications (VZ) closed more than -1 % to lead the losers in Dow Jones industrial.
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
