Yesterday, the US Consumer Price Index (CPI) was announced. Accordingly, the CPI for the first 9 months of 2025 increased by 3% compared to the same period last year. In response to this report, major indexes of the US stock market increased simultaneously.
The CPI report, released just before the Fed meeting, was a boost for all three major Wall Street indexes to hit record highs in the final trading session of the week. The Dow Jones Industrial Average rose more than 472 points, or 1%. The S&P 500 Index rose about 0.8%, while the Nasdaq Index rose 1.2%. Leading the way were tech stocks with strong gains from Nvidia, Microsoft, and Meta. Small-cap companies also rose more than 1.2%, meaning that money flowed not only to AI giants but also to small and medium-sized US companies.
Today’s market performance partly reflects investors’ sentiment as the CPI in September increased lower than previously forecast, reinforcing expectations for a chance to lower interest rates in the near future. However, this is not a cooling of inflation as the CPI has been rising continuously for the past 6 months due to pressure from tariffs and trade tensions.
The CPI is just one of the key inputs, while there are still many variables that have not been released before the Fed meeting next week. Investors remain cautious because a hotter-than-expected labor data or a rebound in energy prices could change monetary policy immediately.
Source: https://vtv.vn/cac-chi-so-chinh-cua-chung-khoan-my-dong-loat-tang-diem-100251025132047437.htm
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