Wall Street ends higher after as-expected inflation data; S&P 500, Nasdaq post weekly declines

Wall Street ends higher after as-expected inflation data; S&P 500, Nasdaq post weekly declines

By Caroline Valetkevitch

Fri September 26, 2025 6:42 PM

The indexes got a nice little boost today, after two days of cautionary selling, when the PCE report came in with an annualized 2.7% increase in prices, exactly in line with expectations. The better news was an unexpected and welcome increase in personal income and consumer spending. The Dow gained almost 300, the Nasdaq 100. Despite the good news, after three weeks of gains, all indexes showed losses for the week, but only modestly, averaging less than ½ of 1%.  

But the good inflation news still will not mute the divisions in the Fed with Richmond prez Barkin saying he doesn’t believe the favorable inflation forecasts, countered by Vice Chair Bowman saying that the labor market is more important than inflation concerns. Q3 reporting begins in mid-October. Meanwhile, the next big event is next Friday’s employment report. Volume came in at 17 billion, a bit below the 18 billion average.  

DJ: 45,947.32  -173.96       NAS: 22,384.70  -113.16      S&P: 6,604.72  -33.25        9/25

DJ: 46,247.29  +299.97      NAS: 22,484.07  +99.37       S&P: 6,643.70  +38.98       9/26

Fri 9-26-25 6:42 pm Wall Street ends higher after as-expected inflation data; S&P 500, Nasdaq post weekly declines | Reuters