Nasdaq notches record high close; traders focus on rate cuts
By Noel
Randewich and Purvi
Agarwal
Mon September 8, 2025 4:51 PM
It was a rocky day but at least all three indexes did close in the green with the Nasdaq posting a new record and the Dow gaining 3-digits. This is all in hot anticipation of the expected rate cut coming next week. In fact, confidence is so high that the odds are now betting on three cuts before year-end, and even some bets that next week’s cut will be ½ point, though many analysts don’t buy this. There does seem to be a consensus that the Fed is no longer interested so much in inflation as in the weakening labor market. Inflation is being written off as tariff-related and therefore temporary and not as important regarding policy. The S&P is up 10% for the year, the Nasdaq 13%. At 16.2, volume is just a tad above the 16.1 billion average.
DJ: 45,400.86 -220.43 NAS: 21,700.39
-7.31 S&P: 6,481.50
-20.58 9/5
DJ: 45,514.95 +114.09 NAS: 21,798.70
+98.31 S&P: 6,495.15
+13.65 9/8
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