The S&P 500 ($ Spy) (SPY) is increased by +0.13 % today, and the Dow Jones Industrials ($ DOI) (DIA)) is affiliated with a rate of +0.19 %, and the NASDAQ 100 ($ IUXX) (QQQ) at a rate of +04 %. Futures increased in September (ESU25) +0.14 %, and the future NQU25 increased in September (NQU25) +0.05 %.
Stock indexes have regained early losses today and are slightly higher than the strength in software stocks, led by an increase +32 % in Mongodb after reporting the EPS modified than the Q2 better than expected and raising the amended EPS forecast for 2026. Skinous trading activity where the markets are waiting for NVIDIA profits after closing to get an update on the artificial intelligence boom. With the market value of $ 4.4 trillion, NVIDIA has 8.1 % in the S&P 500, giving it a great power to influence the index.
The gains in stocks are limited with the high revenues of bonds on concerns about the independence of the Federal Reserve after President Trump pushed fire to the Federal Reserve Governor Lisa Cook. The T-Note revenue increases for 10 years +2 BP to 4.28 %. In addition, the weakness in the semiconductor market weighs the shares of technology and the broader market.
Today’s comments were from the President of the Federal Reserve in New York and Williams neutral, where he stated that the American economy is slowing down, not the stop, and is still optimistic about the direction of the economy. He added that every FOMC meeting is “direct” for interest rates and that at some point, it will be appropriate for us to control prices down, as we remain in a “modest restricted” position on politics.
Mortgage requests in the United States decreased by -0.5 % in the week ending August 22, with a decrease in the mortgage index +2.2 % and low mortgage indexing by -3.5 %. The average firm mortgage increased for 30 years +1 basis point to 6.69 % of 6.68 % in the previous week.
Regarding the definitions, President Trump threatened late on Monday to impose a new tariff and export restrictions on advanced technology and semi -conductors in revenge on digital services taxes for other countries that strike American companies. Last week, Mr. Trump expanded the tariff of steel and aluminum to include more than 400 consumers containing 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.
In other recent tariff news, on August 13, Mr. Trump expanded the tariff truce 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. 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.
The markets this week will focus on any new identification news or developments on ending the Ukrainian -Russian war. After closing the day, NVIDIA will make its quarterly profits and directions. On Thursday, the Q2 GDP is expected to review the top of +0.1 to 3.1 % (annual Q/Q). Also, the weekly initial unemployment claims are expected to decrease by -5000 to 230,000. On Friday, personal spending is expected to rise in July +0.3 % m/m, and personal income is expected to rise in July +0.4 %/m. Also, the PCE CORE price index is expected to climb, which is the preferred inflation scale of the Federal Reserve, 0.2 % M/M and +2.9 % on an annual basis. In addition, Aug Mni Chicago PMI -0.6 is expected to decrease to 46.5. Finally, the consumer morale is expected to be at Michigan’s final University in the United States, not review at 58.6.
Future prices in federal funds deduct an average rate of 87 % of 87 % at the next FOMC meeting from September 16 to 17. The markets deduct the opportunities by 52 % 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 the end of the second quarter profit season, more than 95 % of the S&P 500 companies that reported the Q2 profits, about 82 % of the companies exceeded the profit estimates.
Foreign stock markets today are mixed. EURO Stoxx 50 has recovered from the lowest level for two weeks and increased +0.03 %. The Chinese Chinese compound closed by 1.76 %. Nikkei’s share in Japan closed 225 +0.30 %.
Useful interest rates
T-Notes September 10 (ZNU5) decreased today to the bottom -4 mark, and the T-Note revenue increased for 10 years +1.4 basis points to 4.275 %.
T-Notes is slightly lower today due to the high inflation expectations, as the rate of inflation expectations for 10 years increased to an increase of 6 months today by 2.453 %. The pressure pressures are also pressed on T-Notes, as the Treasury will make a auction of $ 28 billion in floating notes for two years and $ 70 billion in T-Notes for 5 years later today. In addition, T-Notes is under pressure as President Trump moves to shoot the Cook Reserve Governor, which exacerbates investor fears about the independence of the Federal Reserve and inflation fears if policy forces interest rates on neutral prices.
European government revenues are transmitted today. The German return has decreased for 10 years to the lowest level in 1.5 weeks by 2.695 %, and -1.6 BP decreased to 2.707 %. The doctrine returning in the UK decreased for 10 years -0.7 basis points to 4.733 %.
The German GFK Consumer Consumer Survey has decreased unexpected -1.9 to the minimum level of 5 months from -23.6, weaker than that there is no change in -21.5.
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
Mongodb (MDB) increases more than +32 % to lead the software shares higher after reporting the profitability of the modified arrow in Q2 of $ 1.08, much higher than a consensus of 65 cents, and increasing modified EPS expectations to $ 2026 to $ 3.64 -3.73 dollars from previous expectations of $ 2.94 -3.12 dollars, stronger than signals than $ 3.20. Also, Atlassian (Team) increased more than +4 % to lead the winners in NASDAQ 100. In addition, Snowflake (SNOW) and Cloudflare (Net) increased more than +3 %, and Datadog (DDOG) rising more than +1 %.
Weakness in chips today weighs the broader market. Microchip (MCP) technology and SemiDUCTOR Corp. It decreased by more than 1 %. Also, LAM (LRCX) research, analog devices (ADI) and Texas (TXN) decreased by -0.80 %. In addition, the NXP NV (NXPI) connectors decreased by -0.74 %, applied materials (AMAT) and ARM Holdings PLC (ARM) decreased -0.60 %.
Kohl’s (KSS) increased more than +20 % after reporting the profitability of the lower Q2 Q2, with a value of $ 1.35, much higher than the consensus of 31 cents, and the prediction of EPS for the entire year of 50 cents to 80 cents, better than the consensus of 49 cents.
NCINO (NCNO) increased more than +17 % after reporting the subscription revenues in the Q2 amounted to 130.8 million dollars, better than the consensus of 125.6 million dollars, and raising the subscription revenue estimate in 2026 to 513.5 million dollars -517.5 million dollars from 507 million dollars -511 million dollars.
The American Eagle Outfitters (AEO) increased more than +5 % after the release of cooperation with the Travis Kelce AE X Tru Kolors in an attempt to take advantage of the popularity of Taylor Swift.
Elanco Animal Health (ELAN) increased more than +4 % after the S& P Jones Inters announced that the company will replace the Sarepta Therapautics at S&P MIDCAP 400 before the opening of the trading on Tuesday. September 2.
OKTA (OKTA) increased more than +3 % after reporting the second-quarter revenue from 728 million dollars, stronger than the consensus of 696.9 million dollars, and raising its entire public revenues estimate of $ 2.88 billion-2.89 billion dollars from $ 2.86 billion from $ 2.85 billion.
DYNATRACE (DT) increased more than +2 % after OPPENHEIMER started covering the arrow with a recommendation of superior performance and the goal of the price is $ 65
JM SMUCKER (SJM) decreased more than 4 % to lead the losers in the S&P 500 after reporting the net Q1 sales worth $ 2.11 billion, less than a consensus of $ 2.12 billion.
SBA Communications (SBAC) decreased by more than -2 % after Bank of America reduced the shares to a neutral purchase.
Paypal Holdings (PYPL) decreased more than -1 % after Suddeutsche Zeitung mentioned that many banks prevented direct debts in the aftermath of payments that seem suspicious or fraudulent.
Profit reports (8/27/2025)
Agilent Technologies Inc (A), Bill Holdings Inc (Bill), Cooper Cos Inc/The (COO), Crowdstrike Holdings Inc (CRWD), Donaldson Co (DCI), Five below (Five), HP Inc (HPQ), JM SMUCKER CO/The (SJM) Storage Inc (PSTG), Snowflake Inc (SNOW), Veeva Systems Inc (Veev), Williams-Sonoma Inc (WSM).
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
