# US Markets Slip Amid Jobless Claims Drop and Economic Growth Signals
**Note**: This analysis is generated mid-US trading session at 1:33 PM EDT on September 02, 2025, with US stocks open and European markets near to the close. Event times in US Eastern Time.
## Major News
In today’s market, U.S. indices experienced slight declines mid-session amid mixed economic signals. The S&P 500 fell 0.42% to 6,610.33, the Dow Jones decreased 0.12% to 46,065.45, and the Nasdaq 100 dropped 0.44% to 24,395.95. Initial jobless claims unexpectedly fell to 218,000, indicating a resilient labor market, which may temper recession fears. However, ongoing concerns about inflation and geopolitical tensions continue to weigh on market sentiment.
In Europe, indices closed lower, with the Euro Stoxx 50 down 0.40% to 5,442.90, the DAX declining 0.60% to 23,524.85, the CAC 40 falling 0.41% to 7,795.52, and the FTSE 100 decreasing 0.21% to 9,231.29.
In Asia, the Nikkei rose 0.27% to 45,754.93, reflecting localized optimism.
Commodities saw copper prices surge following a force majeure declaration by Freeport-McMoRan due to a mine accident, raising concerns
## Performances
### Major US Indices (Current Mid-Session)
| Index | Price | Daily Change (%) |
|---|---|---|
| S&P 500 | 6610.33 | -0.42 |
| Dow Jones | 46065.45 | -0.12 |
| Nasdaq 100 | 24395.95 | -0.44 |
### European Indices
| Index | Price | Daily Change (%) |
|---|---|---|
| Euro Stoxx 50 | 5442.90 | -0.40 |
| DAX | 23524.85 | -0.60 |
| CAC 40 | 7795.52 | -0.41 |
| FTSE 100 | 9231.29 | -0.21 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.17 | -0.57 |
| USD/JPY | 149.57 | 0.52 |
| GBP/USD | 1.34 | -0.72 |
| USD/CHF | 0.80 | 0.65 |
| USD/CAD | 1.39 | 0.17 |
| AUD/USD | 0.66 | -0.58 |
| NZD/USD | 0.58 | -0.69 |
### Commodities Performance
| Commodity | Price | Daily Change (%) |
|---|---|---|
| Crude Oil | 64.24 | -1.15 |
| Gold | 3755.60 | 0.63 |
| Silver | 44.74 | 2.20 |
| Natural Gas | 3.21 | 12.46 |
### BTC and ETH Performance
| Crypto | Price | Daily Change (%) |
|---|---|---|
| Bitcoin | 111602.37 | -1.52 |
| Ethereum | 4014.15 | -3.35 |
## High-Importance Economic Events
On September 25, 2025, several key economic events have influenced market sentiment.
The German GfK Consumer Climate for October came in at -22.3, outperforming the forecast of -23.3, suggesting a slight improvement in consumer sentiment within the Eurozone, which may provide modest support for the EUR.
In Switzerland, the Swiss National Bank (SNB) maintained its interest rate at 0.00%, aligning with expectations. The upcoming SNB monetary policy assessment and press conference will be closely watched for any hints on future policy shifts.
In the U.S., several significant reports were released at 8:30 AM ET. The Core Durable Goods Orders rose 0.4%, significantly above the -0.1% forecast, indicating robust business investment. Additionally, GDP growth for Q2 was reported at 3.8%, surpassing expectations of 3.3%, while the Core PCE Prices also exceeded forecasts at 2.60%. These positive indicators, alongside Initial Jobless Claims at 218K (forecast: 233K), suggest a resilient U.S. economy, potentially strengthening the USD.
However, Existing Home Sales showed a slight decline of 0.2% month-over-month,
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-09-25 | 02:00 | 🇪🇺 | Medium | GfK German Consumer Climate (Oct) | -22.3 | -23.3 |
| 2025-09-25 | 03:30 | 🇨🇭 | High | SNB Interest Rate Decision (Q3) | 0.00% | 0.00% |
| 2025-09-25 | 03:30 | 🇨🇭 | Medium | SNB Monetary Policy Assessment | ||
| 2025-09-25 | 04:00 | 🇨🇭 | Medium | SNB Press Conference | ||
| 2025-09-25 | 04:00 | 🇪🇺 | Medium | ECB Economic Bulletin | ||
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | Continuing Jobless Claims | 1,926K | 1,930K |
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | Core Durable Goods Orders (MoM) (Aug) | 0.4% | -0.1% |
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | Core PCE Prices (Q2) | 2.60% | 2.50% |
| 2025-09-25 | 08:30 | 🇺🇸 | High | Durable Goods Orders (MoM) (Aug) | 2.9% | -0.3% |
| 2025-09-25 | 08:30 | 🇺🇸 | High | GDP (QoQ) (Q2) | 3.8% | 3.3% |
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | GDP Price Index (QoQ) (Q2) | 2.1% | 2.0% |
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | Goods Trade Balance (Aug) | -85.50B | -95.70B |
| 2025-09-25 | 08:30 | 🇺🇸 | High | Initial Jobless Claims | 218K | 233K |
| 2025-09-25 | 08:30 | 🇺🇸 | Medium | Retail Inventories Ex Auto (Aug) | 0.3% | |
| 2025-09-25 | 09:00 | 🇺🇸 | Medium | FOMC Member Williams Speaks | ||
| 2025-09-25 | 10:00 | 🇺🇸 | Medium | Existing Home Sales (MoM) (Aug) | -0.2% | |
| 2025-09-25 | 10:00 | 🇺🇸 | High | Existing Home Sales (Aug) | 4.00M | 3.96M |
| 2025-09-25 | 10:00 | 🇺🇸 | Medium | FOMC Member Bowman Speaks | ||
| 2025-09-25 | 13:00 | 🇺🇸 | Medium | 7-Year Note Auction | ||
| 2025-09-25 | 13:00 | 🇺🇸 | Medium | Fed Vice Chair for Supervision Barr Speaks | ||
| 2025-09-25 | 15:30 | 🇺🇸 | Medium | FOMC Member Daly Speaks | ||
| 2025-09-25 | 16:30 | 🇺🇸 | Medium | Fed’s Balance Sheet | ||
| 2025-09-25 | 19:30 | 🇯🇵 | Medium | Tokyo Core CPI (YoY) (Sep) | 2.8% |
