Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook

Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook

By Caroline Valetkevitch

Thu September 25, 2025 5:18 PM

With the new uncertainty of the past couple of days of whether the Fed will do any more rate cuts this year, the markets once again went south, though some experts attribute this to yet another day of simply trimming back on overblown valuations. The good news is that unemployment claims are down modestly but other reports show that the economy has continued to grow and even more than expected which is bad news on the inflation front. 

Fed officials are not in agreement on what the next steps should be and that has investors a little nervous. The optimism and certainty that existed a mere week ago has gone. Tomorrow comes the PCE report and that should provide more clarity. The desire to trim has elevated volume to 19.58 billion, ahead of the almost 18 billion average.  

DJ: 46,121.28  -171.50      NAS: 22,497.86  -75.62       S&P: 6,637.98  -18.94        9/24

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

Thu 9-25-25 5:18 pm Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook | Reuters