Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Dow rises 350 points as Wall Street reacts to PCE inflation data

Dow rises 350 points as Wall Street reacts to PCE inflation data

Crypto.NewsCrypto.News2025/09/25 16:00
By:By Benson TotiEdited by Jayson Derrick

Stocks were higher in early trading on Friday as the market reacted to the latest U.S. inflation data.

Summary
  • Dow jumped over 350 points as investors reacted to key inflation data.
  • Core personal consumption expenditures price index data came in at 0.29% annually in August.
  • Wall Street was higher after three days of losses.

The S&P 500 gained 0.5% and the Nasdaq Composite added 0.4%. Meanwhile, the Dow Jones Industrial Average jumped more than 350 points.

Gains across the U.S. stock market came as data from the Commerce Department showed the personal consumption expenditures price index for August increased by 0.29% on a seasonally adjusted basis. While slightly up, this reading of the Federal Reserve ’s preferred inflation measure, was in line with economists estimates. 

August’s reading of core PCE also showed inflation rose 0.2% month over month for August, again in line with Wall Street expectations.

Wall Street expects rate cuts

Stocks thus rose as investors maintained the outlook of two more quarter-point rate cuts in 2025, with the Fed’s next meetings in October and December. Gains saw major U.S. gauges tick up after this week’s wobbling, with investors taking the PCE data and the solid jobs data on Thursday as a positive outlook.

After stocks witnessed a worrying three-day pullback amid the latest uncertainty, analysts say the PCE data has slightly buoyed markets.

David Russell, TradeStation’s global head of market strategy, noted in comments highlighted by CNBC that the jobs claims and gross domestic product revision had “undermined” the overall dovish narrative held in recent weeks. However, the latest data on core PCE has somewhat calmed investor jitters. 

“This morning’s US economic data confirms a strong economy, with the Federal Reserve’s preferred inflation gauge (PCE) settling near 3%,” said Mohamed El-Erian, a top economist and Allianz advisor. “Markets are likely to welcome these numbers, especially since inflation near the 3% level is not unsettling long-term expectations,” he added.

While the S&P 500 advanced and the other major indices showed an upbeat open, Bitcoin ( BTC ) remained weak below $110,000 after this week’s losses. Gold held near record highs.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds

The final result will be revealed on January 15, 2026, and the market has already started to vote with its feet.

深潮2025/11/22 11:59
$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds

Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?

There is only one iron rule for investing in DAT: ignore premium bubbles and only invest in those with a genuine flywheel of continuously increasing "crypto per share."

BlockBeats2025/11/22 11:24
Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?

Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?

1. **Challenges in the Creator Economy**: Web2 content platforms suffer from issues such as opaque algorithms, non-transparent distribution, unclear commission rates, and high costs for fan migration, making it difficult for creators to control their own data and earnings. 2. **Integration of AI and Web3**: The development of AI technology, especially AI Avatar technology, combined with Web3's exploration of the creator economy, offers new solutions aimed at breaking the control of centralized platforms and reconstructing content production and value distribution. 3. **Positioning of the TwinX Platform**: TwinX is an AI-driven Web3 short video social platform that aims to reconstruct content, interaction, and value distribution through AI avatars, immersive interactions, and a decentralized value system, enabling creators to own their data and income. 4. **Core Features of TwinX**: These include AI avatar technology, which allows creators to generate a learnable, configurable, and sustainably operable "second persona", as well as a closed-loop commercialization pathway that integrates content creation, interaction, and monetization. 5. **Web3 Characteristics**: TwinX embodies the assetization and co-governance features of Web3. It utilizes blockchain to confirm and record interactive behaviors, turning user activities into traceable assets, and enables participants to engage in platform governance through tokens, thus integrating the creator economy with community governance.

BlockBeats2025/11/22 11:23
Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?

Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience

Aster is set to launch a privacy-focused Layer 1 (L1) public chain, along with detailed plans for token empowerment, global market expansion, and liquidity strategies.

BlockBeats2025/11/22 11:22
Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience