Stocks

Wall Street Review: Stocks Largely Higher Amid Fed Rate Cut Expectations

A flurry of weak labor market headlines raised expectations for an interest rate cut later this month.
Wall Street Review: Stocks Largely Higher Amid Fed Rate Cut Expectations
A trader works on the floor of the New York Stock Exchange in New York City on Sept. 3, 2025. Spencer Platt/Getty Images
Panos Mourdoukoutas
|Updated:
0:00

Stocks ended the first trading week of September with most major indexes posting weekly gains, as a flurry of weak labor market headlines raised expectations for an interest rate cut by the Federal Reserve later in the month.

Meanwhile, strong earnings from semiconductor giant Broadcom, the announcement of a partnership between Goldman Sachs and T. Rowe Price, and a favorable court ruling for Google’s parent company, Alphabet, contributed to positive investor sentiment.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”