Wall Street indexes post record-high closes; Tesla and Micron rally
By Noel
Randewich and Purvi
Agarwal
Thu September 11, 2025 6:19 PM
All three indexes zoomed straight up right out the gate and stayed there all day, posting strong 3-digit gains. All three indexes registered record highs, even the Dow this time with a jump of a huge 617 points. As I suggested yesterday, it seems that whatever the reports said vis-à-vis inflation was going to be taken as good news. Yesterday, PPI showing inflation cooling caused a rally and today CPI showing inflation getting hotter caused an even bigger rally.
The consensus on both is the same – cooler inflation may be what the Fed wants but higher inflation is hurting the job market and therefore calling for long awaited rate cuts. Today, unemployment claims came in at a 4-year high so again there is a virtual certainty of a rate cut announcement next week with a chance it’ll even be ½ point. At 18.2 billion, volume was way above average which for the last 20 sessions is 16.1 billion.
DJ: 45,490.92 -220.42 NAS: 21,886.06
+6.57 S&P: 6,632.04
+19.43 9/10
DJ: 46,108.00 +617.08 NAS: 22,043.07
+157.01 S&P: 6,587.47
+55.43 9/11
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