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Posted on Sep 09, 2025 / USA

The Nasdaq Composite surged to a new all-time high, gaining roughly 0.5% as investors anticipated Federal Reserve interest rate cuts. The optimism stems from a weaker-than-expected August jobs report, fueling expectations for 25-basis-point cuts later this year. The broader S&P 500 and Dow Jones also posted modest gains, supported by new tax incentives in the president’s latest economic package. Tech stocks led the rally, though telecom shares pulled back amid EchoStar’s spectrum sale to SpaceX. Market watchers are now closely watching upcoming inflation and labor data for further signals on monetary policy.

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