New York, NY – October 1, 2025 – The U.S. financial markets were jolted today by a significantly weaker-than-expected ADP National Employment Report for September, which revealed a contraction in private sector payrolls. The surprising data immediately triggered a defensive shift among investors, sending U.S. Treasury yields plummeting as bond
In Tuesday’s session, traders are likely to focus on a few speeches by Federal Reserve officials, the August JOLTS data, and the Conference Board’s consumer confidence index for September.
Wall Street kicked off the week with modest gains in technology and growth names, while small caps and blue chips stalled as investors braced for a flood of economic data, culminating on Friday with the September labor market report.
The S&P 500 is heading into what is historically its strongest season, but a specific set of market conditions is flashing a warning sign for investors in the immediate short-term.
President Donald Trump's proposed 100% tariffs on foreign pharmaceuticals will ultimately be paid by American patients and insurers, not foreign drug companies, according to economist Justin Wolfers.
U.S. stock market futures advanced and gold hit a new all-time high on Monday morning, with investors shrugging off the near-certainty of a government shutdown as Wall Street weighs the limited immediate financial fallout against the more significant risks of a prolonged political impasse.
Wall Street moved modestly higher by midday Friday, yet major indexes remain on pace to break a three-week winning streak. At midday, the S&P 500 was up 0.4% to 6,630, while the Nasdaq 100 gained 0.2% to 24,440. The Russell 2000, the benchmark small-cap index, rebounded 0.5%.
The BEA’s personal income and spending report for August is expected to show a 2.7% year-over-year increase in the personal consumption expenditure (PCE) index, up from the 2.6% rate in July.
Wall Street retreated on Thursday, with major indexes heading for a third straight day of losses as stronger-than-expected economic data reduced hopes for near-term Fed rate cuts and lifted the dollar.
