With Labor Day weekend coming to a close, the stock market opened September on a weak note. The S&P 500 fell roughly 0.7% and the Nasdaq 100 fell nearly 1% after large tech stocks pulled back. Nvidia was one of the biggest movers, losing 1.5% ahead of the market opening. Investors are worried about high-tech valuations and increasing U.S. government debt.
It wasn't just stocks under pressure; global bonds also sold off, pushing yields higher. The U.S. dollar posted its biggest one-day gain (about 0.9%) since July, following a six‑day losing streak. This was due to better-than-expected manufacturing data. Gold rose to an all‑time high of over $3,500 an ounce as investors expect possible interest rate reductions this month.
Van Vuuren, A. J. (2025, September 1). Stocks fall as rising yields stir investor jitters: Markets wrap. Bloomberg. https://www.bloomberg.com/news/articles/2025-09-01/stock-market-today-dow-s-p-live-updates
1 comment:
The struggle that the market is facing out of the long weekend shows that the market is always subject to fluctuations. The pullback from the big tech companies, like NVIDIA, was an interesting move and I'm curious to see where things go from here.
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