“`html
The S&P 500 fell 0.5% to 6,604.72 and the Nasdaq Composite declined 0.5% to 22,384.70 on September 25, 2025. The Dow Jones Industrial Average slipped 0.4% to 45,947.32, marking the third consecutive session of losses. Traders are cautious ahead of the upcoming Personal Consumption Expenditures (PCE) price index release, which is crucial for gauging future Federal Reserve policies.
Jobless claims dropped recently, but hiring is weak, indicating a slowdown in the labor market. Meanwhile, second-quarter GDP was revised upwards, suggesting resilience in economic growth despite tightening financial conditions.
In corporate news, Intel rose 8.9% following investment talks with Apple, and IBM gained 5.2% from positive results in a quantum computing trial with HSBC. However, CarMax saw a 20% decline after missing earnings expectations and issuing a sales warning.
“`
