US Stocks Slip as Wall Street’s Relentless Rally Takes a Pause
- On September 24, 2025, U.S. stocks paused their months-long rally as the S&P 500 dipped 0.6%, Dow Jones fell 0.2%, and Nasdaq sank 0.9%.
- The pause followed Federal Reserve Chair Jerome Powell's remarks in Rhode Island warning of no risk-free path amid inflation stubbornly above 2%.
- Powell cautioned against easing too fast to avoid unfinished inflation control and against tight policy prolonging labor market softening, while Asian shares mostly declined.
- Tech giants Nvidia and Amazon dragged down the indexes, with Nvidia losing 2.8% after its recent gains driven by AI bets; Powell said stocks were fairly highly valued.
- The market pullback after recent all-time highs amid mixed Fed messages and pending inflation and jobs data suggests ongoing uncertainty about future rate cuts and economic risks.
190 Articles
190 Articles
Asian shares dip as Wall Street rally stalls
REC Most Asian markets retreated yesterday amid end-of-quarter repositioning by investors, after concerns about high valuations and mixed signals from US Federal Reserve officials on interest rates stalled a record-breaking rally on Wall Street.
Stocks Drop After Strong Reports on the Economy
Wall Street stumbled to its longest losing streak in more than a month Thursday as US stocks gave back more of this year's big gains for a third straight day. The S&P 500 fell 33.25 points, or 0.5%, to 6,604.72. The Dow Jones Industrial Average fell...
Wall Street, Bitcoin Drop As Dollar, Treasury Yields Rebound - Intel (NASDAQ:INTC)
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.
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