Nasdaq, S&P 500 end higher with Alphabet, Apple, rate-cut hopes; Dow dips

Nasdaq, S&P 500 end higher with Alphabet,

Apple, rate-cut hopes; Dow dips

By Caroline Valetkevitch

September 3, 2025  4:52 PM 

Today’s good news was the court ruling that Google could not be broken up, thereby assuring investors of not only protection for Google’s industry position but also Apple’s for the business it does with Google, specifically lucrative payments to the iPhone maker. That added to the now 96% odds for a rate cut on 9/17 and tech had a very good day, zooming up 3-digits on the Nasdaq. The Dow had a reversal of fortune which often happens on tech’s good days, dropping as low as a 300 point loss as late as 3:30 before zooming back up to near break-even.  

Wall Street ends lower as ruling on Trump tariffs raises concerns

Wall Street ends lower as ruling on Trump tariffs raises concerns

By Caroline Valetkevitch

Tue September 2, 2025 6:55 PM

It was not a good day. If there’s one thing the market doesn’t like it’s uncertainty and this weekend’s appeals court ruling striking down most of Trump’s tariffs have introduced a whole new layer of uncertainty into the equation. Questions abound – will this ruling stand and trigger another big correction or be overturned by a higher court in which case we’re back where we started? Does the ruling mean that Trump has alienated our trading partners? All this caused massive disruption, with the Dow down 600 points at open, and bouncing around all day to close at a 249 point loss, with the other indexes following an almost identical pattern.