Gonet: market news on August 25

Dow +1,89%, S&P 500 +1,52%, Nasdaq +1,88%, Russell +3,86%, SOX +2,7%, Eurostoxx +0,48%, SMI +0,19%. Meanwhile,

It’s Fed Day on the markets on Friday. For example, the market focuses on the long -awaited intervention of Jerome Powell during the Jackson Hole symposium, the first banker in the world opens the door to a drop in rate on September 17, the bulls were just waiting for that and recover to buy everything, without listening to a pattern of the Fed which nevertheless takes a rather restrictive speech.

Powell certainly suggests that the federal reserve could reduce its rates soon. Furthermore, but it remains voluntarily vague and recalls that monetary policy is not predetermined while returning to the question of pace and the number of decrees. Furthermore, His speech focuses on employment, which he considers weakened. Meanwhile, Postal gonet: market news august 25 creations slow down compared to 2024 and Powell warns that the risk of massive layoffs increases. Moreover, The employment report of August 5 September will therefore be decisive: a low figure would strengthen the argument in favor of a rapid drop. Therefore, while a solid figure would allow the Fed to delay. For example, Its boss underlines in parallel that the level of the rates is already less restrictive than a year ago. In addition, which gives a certain margin of waiting and that the long -term equilibrium rate can now be higher than before, which limits the extent of possible drops. In addition, Jerome Powell recalls that Donald Trump’s pricing policy complicates the situation by maintaining inflationary pressure. Moreover, In summary. For example, the boss of the United States Federal Reserve opens the door to a drop in rates in September, but without promising an extended relaxation cycle.

The gonet: market news august 25 equity market does not seem to want to listen to. Similarly, it would not be the first time, however this morning the Fed funds have remained measured, they predict 86% probability of a cup of 0.25% on September 17, then 53% on October 29 and 79% on December 10. Meanwhile, In short. Consequently, this Monday, the market does not expect more than two rate drops this year again this year again, the pattern of the Fed is more prudent than ever and the S & P500 (SPX) index therefore logically reaches a new historic record in the bell on Friday.

From 4 p.m.. In addition, when Powell is expressed, the shares of action are put in space mode, they will not look back this Friday and end their day almost at the highest of the session, in rather timid exchanges that said, we observe in parallel that the tech is gonet: market news august 25 far from appearing on the podium of the day of the SPX (I come back), which consists of discretionary consumption (+3.18%), energy (+2%) and communication services (+1.87%). Consequently, Small capitalizations are celebrating. the Russell2000 (RTY) outperform everyone, we also note that the S & P500 equity (SPW) index increased by 1.93% against +1.52% in the SPX. The SPW also reaches a historic record for the bell. it is not over -going and its outperformance of the day indicates that buyers widen their field of action to the whole army, while leaving the generals somewhat aside. The Breadth is final. very clearly positive on the SPX and the NDX, volatility is caught in the carpet, the VIX loses 14% at 14.22, 12.70 Do we arrive?! On the bond market market, the yield of US 10 years fell to 4.26%, it looks again at its support area of ​​4.20% – 4.18%. while gonet: market news august 25 the dollar leaves to the cellar, this morning the EUR/USD pair tries to break the 1,1700 again, next major resistance its top in session of July 1, which is 1,1829.

Over the week, the palm of shares is without question to the small American capitalizations, the RTY gains 3.3% against a meager +0.3% in the SPX and a rather embarrassing withdrawal of 0.6% of the NASDAQ. This slowdown in the technological sector is probably due to doubts about artificial intelligence, advances the Wall Street Journal. We observe a rotation towards real estate, banks and manufacturers, who benefit from the prospect of rate drops. The “Magnificent Seven” (Amazon. Alphabet, Apple, Meta, Microsoft, Nvidia and Tesla) are subject to questions about their valuations and the real potential of AI, while Nvidia must publish its quarterly this Wednesday evening. According to the newspaper, more and more investors reduce their exhibition to tech giants gonet: market news august 25 after spectacular increases. The sector fell back last week despite the positive effect of Powell’s speech. while individuals, usually very worn in the sector, seem to become sellers. The disappointing launch of GPT-5 perhaps accentuates ambient skepticism. Some investors now prefer to bet on defensive values. against a background of persistent inflation, economic uncertainty and increased volatility during summer. The WSJ concludes that the AI ​​and the tech giants continue to attract. but that enthusiasm turns into caution, between phases of euphoria and disillusions.

In terms of macro. apart from Powell, Susan Collins de la Fed de Boston declares that the federal reserve cannot wait for all the uncertainties to be lifted before making decisions, thus minimizing fears linked to the increase in inflation expectations. This week sales of new houses and the manufacturing index of the Dallas Fed will be published today. Tomorrow. it will be the turn of gonet: market news august 25 the orders of lasting goods, the FHFA real estate price index, the manufacturing index of the Richmond Fed, as well as the confidence index of the Conference Board consumers. Nothing is scheduled for Wednesday. On Thursday. we will have the revisions of the GDP in the second quarter, new unemployment registrations and waiting for pending housing. Finally. Friday will appear household income and expenditure figures for July, the central point of which will be the underlying PCE inflation, as well as the UNIVistics of Michigan survey on consumer morale (and their inflation anticipations) for August.

On the macro-economic menu on Monday. the IFO index of the business climate in Germany, the activity index of the FED of Chicago, and the sales of new housing in July in the United States.

Spotify plans to increase its prices while launching new services according to the Financial Times. SpaceX announced on Sunday the gonet: market news august 25 postponement of the tenth starship test flight from Texas. due to a problem detected on its launch site. Keurig Dr Pepper is about to acquire JDE Peet’s for $ 18 billion. which could lead to a split of the American drinks. Baidu plans to introduce its Robotaxi service in Europe, starting with Switzerland in 2026.

This morning. this morning in Asia this morning, the clues are upwards, the buyer breeze from Wall Street seems to have reached the continent. Tokyo wins 0.41%at the bell, Hong Kong advances by 2.24%, Shanghai takes 1.51%, Seoul rises by 1.3%and the NIFTY50 wins 0.41%. The future SPX makes 9 points and Europe opens up 0.5%.

Gold does not move almost anymore, the ounce is evolving this morning at $ 3368, oil dates back slightly to $ 63.70 per barrel of WTI Light Crude.

Note also that London is closed today. This week we will gonet: market news august 25 mainly focus on Nvidia’s results Wednesday evening. the PCE index (Personal Consumption Experture) Friday, the Fed’s favorite tool to measure inflation.