Date: June 12, 2025
Overview
U.S. stock markets opened mixed today as investors closely analyzed new inflation data and updated forecasts from the Federal Reserve. With key economic indicators signaling persistent uncertainty, Wall Street remains cautious.
Major Indices Performance
Dow Jones Industrial Average (DJIA): +0.3%
S&P 500: -0.1%
NASDAQ Composite: -0.5%
Top Headlines Influencing the Market
CPI Data Released: The Consumer Price Index rose 0.2% in May, slightly below economists’ expectations, signaling a mild cooling of inflation.
Federal Reserve Holds Rates: As expected, the Fed decided to hold interest rates steady, but Chair Jerome Powell signaled that rate cuts may come later this year—if inflation continues to slow.
Tech Stocks Decline: Mega-cap tech firms like Apple and Tesla led the NASDAQ decline amid profit-taking and valuation concerns.
Banking Sector Sees Gains: Financial stocks rose modestly after strong earnings reports from several mid-tier banks.
Key Stocks to Watch
Apple Inc. (AAPL): Down 1.2% after analysts trimmed Q3 forecasts.
Goldman Sachs (GS): Up 1.5% following strong quarterly earnings.
NVIDIA (NVDA): Volatile but recovering; up 0.4% as investors bet on AI momentum.
Market Outlook
With inflation still above the 2% target and geopolitical tensions looming, volatility is likely to remain in the short term. Investors are urged to stay diversified and pay attention to upcoming job and housing market data later this week.