# US Mid-Session Market Report: Dow Rises on Inflation Data Amid OpenAI’s Dominance and Regulatory Challenges
**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 closed. Event times in US Eastern Time.
## Major News
In today’s market, the Dow Jones Industrial Average rose 100 points, buoyed by an in-line personal consumption expenditures (PCE) inflation report which held steady at 2.9% for August. This report has contributed to a positive sentiment among investors, with the S&P 500 and Dow also showing gains of 0.18% and 0.40%, respectively, while the Nasdaq 100 dipped slightly by 0.09%.
In Europe, major indices closed positively, with the Euro Stoxx 50 up 1.01%, the DAX gaining 0.87%, the CAC 40 rising 0.97%, and the FTSE 100 increasing by 0.77%, reflecting optimism in the region amidst ongoing geopolitical tensions.
The Nikkei index, however, faced a downturn, closing down 0.87%, as investors reacted to global economic uncertainties.
In commodities, the U.S. expanded its tariff investigations, impacting sectors like pharmaceuticals and robotics, while Argentine assets experienced a significant rebound, with the peso appreciating by 10% and foreign bonds soaring 22%, indicating a recovery in emerging markets.
In the cryptocurrency space, sentiment remained cautious amid regulatory scrutiny. Overall, the market reflects a mix of optimism
## Performances
### Major US Indices (Current Mid-Session)
| Index | Price | Daily Change (%) |
|---|---|---|
| S&P 500 | 6616.79 | 0.18 |
| Dow Jones | 46131.60 | 0.40 |
| Nasdaq 100 | 24375.28 | -0.09 |
### European Indices (End of Day)
| Index | Price | Daily Change (%) |
|---|---|---|
| Euro Stoxx 50 | 5499.70 | 1.01 |
| DAX | 23739.47 | 0.87 |
| CAC 40 | 7870.68 | 0.97 |
| FTSE 100 | 9284.83 | 0.77 |
### FX Performance
| Currency Pair | Price | Daily Change (%) |
|---|---|---|
| EUR/USD | 1.17 | 0.22 |
| USD/JPY | 149.50 | -0.15 |
| GBP/USD | 1.34 | 0.45 |
| USD/CHF | 0.80 | -0.16 |
| USD/CAD | 1.39 | 0.04 |
| AUD/USD | 0.65 | 0.11 |
| NZD/USD | 0.58 | 0.05 |
### Commodities Performance
| Commodity | Price | Daily Change (%) |
|---|---|---|
| Crude Oil | 66.32 | 2.06 |
| Gold | 3806.00 | 1.85 |
| Silver | 46.27 | 3.53 |
| Natural Gas | 3.18 | 9.54 |
### BTC and ETH Performance
| Crypto | Price | Daily Change (%) |
|---|---|---|
| Bitcoin | 109147.94 | 0.09 |
| Ethereum | 3947.25 | 2.04 |
## High-Importance Economic Events
Today, key economic indicators and speeches are influencing market sentiment, particularly regarding the USD and EUR.
At 08:30 ET, the U.S. released its Core PCE Price Index for August, matching forecasts at 0.2% month-over-month and 2.9% year-over-year. Personal Spending exceeded expectations at 0.6% against a forecast of 0.5%, suggesting robust consumer activity. However, Michigan Consumer Sentiment came in lower than expected at 55.1 versus 55.4, potentially raising concerns about future spending.
In the Eurozone, Spanish GDP for Q2 exceeded expectations at 0.8%, indicating stronger economic growth, while the Italian 10-Year BTP Auction yielded 3.62%. ECB President Lagarde’s upcoming speech at 05:30 ET is anticipated to provide insights into monetary policy, which may impact the euro.
Notably, the Atlanta Fed’s GDPNow forecast for Q3 was raised to 3.9%, up from 3.3%, which may bolster confidence in the USD. The market is closely monitoring upcoming speeches from FOMC members, including Bowman at 13:00 ET and Bostic at 18:00 ET, for potential
| Date | Time | Cur | Imp | Event | Actual | Forecast |
|---|---|---|---|---|---|---|
| 2025-09-26 | 01:30 | 🇯🇵 | Medium | BoJ Board Member Noguchi Speaks | ||
| 2025-09-26 | 03:00 | 🇪🇺 | Medium | Spanish GDP (QoQ) (Q2) | 0.8% | 0.7% |
| 2025-09-26 | 05:10 | 🇪🇺 | Medium | Italian 10-Year BTP Auction | 3.62% | |
| 2025-09-26 | 05:30 | 🇪🇺 | Medium | ECB President Lagarde Speaks | ||
| 2025-09-26 | 06:00 | 🇪🇺 | Medium | France Jobseekers Total (Aug) | 3,021.8K | |
| 2025-09-26 | 08:30 | 🇺🇸 | High | Core PCE Price Index (MoM) (Aug) | 0.2% | 0.2% |
| 2025-09-26 | 08:30 | 🇺🇸 | High | Core PCE Price Index (YoY) (Aug) | 2.9% | 2.9% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | PCE price index (MoM) (Aug) | 0.3% | 0.3% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | PCE Price index (YoY) (Aug) | 2.7% | 2.7% |
| 2025-09-26 | 08:30 | 🇺🇸 | Medium | Personal Spending (MoM) (Aug) | 0.6% | 0.5% |
| 2025-09-26 | 08:30 | 🇨🇦 | Medium | GDP (MoM) (Jul) | 0.2% | 0.1% |
| 2025-09-26 | 08:30 | 🇨🇦 | Medium | Wholesale Sales (MoM) (Aug) | -1.3% | |
| 2025-09-26 | 08:31 | 🇨🇦 | Medium | GDP (MoM) (Aug) | 0.0% | |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan 1-Year Inflation Expectations (Sep) | 4.7% | 4.8% |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan 5-Year Inflation Expectations (Sep) | 3.7% | 3.9% |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Expectations (Sep) | 51.7 | 51.8 |
| 2025-09-26 | 10:00 | 🇺🇸 | Medium | Michigan Consumer Sentiment (Sep) | 55.1 | 55.4 |
| 2025-09-26 | 11:30 | 🇺🇸 | Medium | Atlanta Fed GDPNow (Q3) | 3.9% | 3.3% |
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Oil Rig Count | ||
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | FOMC Member Bowman Speaks | ||
| 2025-09-26 | 13:00 | 🇺🇸 | Medium | U.S. Baker Hughes Total Rig Count | ||
| 2025-09-26 | 15:30 | 🇬🇧 | Medium | CFTC GBP speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Crude Oil speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Gold speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC Nasdaq 100 speculative net positions | ||
| 2025-09-26 | 15:30 | 🇺🇸 | Medium | CFTC S&P 500 speculative net positions | ||
| 2025-09-26 | 15:30 | 🇦🇺 | Medium | CFTC AUD speculative net positions | ||
| 2025-09-26 | 15:30 | 🇧🇷 | Medium | CFTC BRL speculative net positions | ||
| 2025-09-26 | 15:30 | 🇯🇵 | Medium | CFTC JPY speculative net positions | ||
| 2025-09-26 | 15:30 | 🇪🇺 | Medium | CFTC EUR speculative net positions | ||
| 2025-09-26 | 18:00 | 🇺🇸 | Medium | FOMC Member Bostic Speaks |
