08/25/2025

Stocks Mostly Decline after Friday Gains

Meanwhile, the U.S. dollar climbed

Major stock indexes mostly eased on Monday after gaining on Friday when Federal Reserve Chair Jerome Powell indicated that a September interest rate cut was likely but not certain, while the dollar gained.

The dollar fell last week following Powell's remarks at Jackson Hole. U.S. Treasury yields were higher on Monday.

Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point Fed rate cut in September. Fed funds futures traders are pricing in 84 percent odds of a September cut, according to the CME Group’s FedWatch Tool.

Please select this link to read the complete article from Reuters.