Thu Sep 25 22:50:00 UTC 2025: **Summary:**
US stocks declined for the third consecutive day as investors digested better-than-expected economic data, specifically a drop in jobless claims and a significant GDP growth revision, which complicates the Federal Reserve’s policy outlook regarding interest rate cuts. Big Tech stocks such as Oracle and Tesla experienced losses. The market is also assessing whether the recent AI-driven rally has stretched valuations too far. Some outliers included gold and silver, which saw gains. Investors are looking ahead to the Personal Consumption Expenditures (PCE) index release on Friday.
**News Article:**
**Wall Street Wobbles as Strong Economic Data Cast Doubt on Rate Cuts**
NEW YORK – US stocks ended Thursday in the red for the third straight session as stronger-than-expected economic data threw a wrench into expectations for imminent Federal Reserve interest rate cuts. The Dow Jones Industrial Average fell 0.4%, while the S&P 500 and Nasdaq Composite both shed around 0.5%.
Driving the market’s unease was a surprising drop in jobless claims and a revised second-quarter GDP growth rate of 3.8%, well above estimates. These indicators suggest a resilient economy, potentially reducing the urgency for the Fed to lower interest rates.
Big Tech took a hit, with Oracle shares tumbling after an analyst downgrade and Tesla dropping amid concerns over declining European sales.
“The better-than-expected GDP print released this morning, along with a drop in jobless claims, made the Federal Reserve’s policy decision for next month less predictable,” said one analyst.
Investors are now keenly awaiting Friday’s release of the Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, for further clues about the central bank’s next move.
In corporate news, Intel shares jumped after reports of potential collaboration with Apple, while Lithium Americas surged on news of US interest in a stake.
Bucking the downward trend, gold and silver prices rose, highlighting safe-haven demand amid market uncertainty. Meanwhile, Tesla faced challenges in Europe.
First Piper 