New inflation report may have major impact on your wallet

Friday, August 29, 2025

You win some, you lose some.

After strong economic data yesterday, investors are marinating on some more disappointing reports from this morning, including poor consumer and business sentiment data and the highest personal consumption expenditures that we've seen since February.

As a result, stock market benchmarks are falling. The Nasdaq Composite is off 1.1%, while the S&P 500 (-0.64%) and Russell 2000 (-0.46%) are similarly situated in the red. The Dow at last check was 0.29% weaker. Gold (+1.2%), the CBOE Volatility Index (+7.4%), and the 10-year-yield (+1.8 basis points to 4.225%) all rose.

 Friday Reading

• Auto report reveals major mistakes for car buyers to avoid
• B of A Tweaks Snowflake Stock Price Target after Earnings
• Surprising GDP report resets backdrop for stocks
• Analyst sends surprising message on AppLovin stock
• Warren Buffett on corporate tax: A patriotic duty to America
• This chip stock has a key advantage over Nvidia

That might seem like a disappointing end to the month before the long Labor Day weekend. But as things stand the past few weeks might call for champagne and celebration, at least among the longs. The U.S. equities market had a fantastic August. Barring any blindsiding selloffs by day's end, the Nasdaq will have notched its fifth consecutive monthly gain; and the S&P 500 and Dow are heading for their fourth. What's more, the S&P 500 set its 20th all-time high of the year yesterday.

We'll see you back on Tuesday, ready to start a September to remember; with rate-cut bets set to meet Federal Reserve reality.

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-- Noah Weidner, markets reporter

New inflation report may have major impact on your wallet

The Federal Reserve’s favorite inflation tracker for interest rate cuts sparks new debate

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