Stocks on Wall Street extended their losing streak on Thursday, September 25, 2025, as stronger-than-expected economic data and mixed signals from the Federal Reserve tempered investor optimism over further rate cuts. The retreat marked the third consecutive day of declines across major indexes, with tech stocks and rate-sensitive sectors bearing the brunt of the selloff.
Wall Street Index Performance.
The Dow Jones Industrial Average fell 0.4% to close at 45,947.44, shedding 177 points. The S&P 500 lost 0.5%, ending the day at 6,605.00, while the Nasdaq Composite also declined 0.5% to 22,385.00. The Russell 2000 underperformed, dropping 0.92% to 2,434.95.
The pullback on Wall Street followed upbeat economic releases that complicated the Fed’s policy trajectory. Weekly jobless claims dropped to 218,000, signaling continued labor market resilience, while second-quarter GDP was revised sharply higher to an annualized pace of 3.8%, well above the 3.3% consensus estimate. These data points raised doubts about the likelihood of two additional rate cuts this year, a scenario previously priced into markets.
Bond yields rose in response, with the 10-year Treasury yield climbing to 4.175%, further pressuring equity valuations. Fed Chair Jerome Powell reiterated concerns over stretched asset prices and emphasized the need to balance inflation risks with labor market softness.
Stock Performance on Wall Street
Tech stocks led the decline, with Oracle plunging 5.7% following a downgrade from Rothschild analysts, who questioned the sustainability of its cloud revenue projections. Tesla dropped 4% on weak European sales figures, while Nvidia and Apple also closed lower amid profit-taking and valuation concerns.
Today, investors will likely keep an eye on the release of the Personal Consumption Expenditures (PCE) index—the Fed’s preferred inflation gauge—for further clues on monetary policy direction. A softer print could revive hopes for easing, while a surprise uptick may reinforce the Fed’s cautious stance.
Read: Wall Street Retreats as Investors Digest Fed Signals and Profit-Taking Pressure
