US Stock market today: US Stock market’s worst performing month in past 35 years September is here. Top Stocks to pivotal factors – all you need to know

US Stock Market’s S&P 500, Dow Jones, and Nasdaq are off to an uneven start to September, which has been the worst month for stocks on average over the past 35 years. Wall Street needs things to go as hoped because it already sent stock prices to records amid expectations for a Goldilocks scenario where interest rates ease, and the economy keeps chugging along.

Nvidia, Key Stocks

On Wall Street, Friday’s heaviest weight was Nvidia, the chip company that’s become the face of the artificial-intelligence boom. It’s been contending with criticism that its stock price charged too high, too fast and became too expensive following Wall Street’s rush into AI, and it fell 2.7 per cent.
Still, more stocks rose on Wall Street than fell. Leading the way was Broadcom, which climbed 9.4 per cent after reporting better profit and revenue for the latest quarter than analysts expected. CEO Hock Tan said customers are continuing to invest strongly in AI chips.

Tesla rose 3.6 per cent after proposing a payout package that could reach $1 trillion for its CEO, Elon Musk, if the electric vehicle company meets a series of extremely aggressive targets over the next 10 years.

Smith & Wesson Brands jumped 6.5 per cent after the gun maker delivered better results for the latest quarter than analysts expected. CEO Mark Smith said it saw good demand for new products in what’s traditionally a slow season for sales of firearms.Bond Market Treasury YieldsThe action was more decisive in the bond market, where Treasury yields tumbled after a report from the Labor Department said U.S. employers hired fewer workers in August than economists expected. The government also said that earlier estimates for June and July overstated hiring by 21,000 jobs. In the bond market, the yield on the 10-year Treasury dropped to 4.09 per cent from 4.17 per cent late Thursday and from 4.28 per cent on Tuesday. That’s a notable move for the bond market and could mean lower interest rates are coming for mortgages and other loans.

US Fed Interest Rate Cut

The disappointing numbers follow last month’s discouraging jobs update, along with other lackluster reports in intervening weeks, and traders are now betting on a 100 per cent probability that the Fed will cut its main interest rate at its next meeting on September 17, according to data from CME Group. Investors love such cuts because they can give a kickstart to the economy, but the Fed has held off on them because they can also give inflation more fuel.

So far this year, the Fed has been more worried about the potential of inflation worsening because of President Donald Trump’s tariffs than about the job market. But Friday’s job numbers could push the Fed to consider cutting rates in two weeks by a steeper amount than usual, said Brian Jacobsen, chief economist at Annex Wealth Management.

Inflation Data

Along with CPI, a Wednesday report on producer prices could also reveal impacts from import tariffs. Last month’s PPI data showed U.S. producer prices increased by the most in three years in July as the costs of goods and services surged.

FAQs

Q1. What are US Stock Market indexes?
A1. US Stock Market indexes are S&P 500, Dow Jones, and Nasdaq.

Q2. What do we know about Tesla stocks?
A2. Tesla rose 3.6 per cent after proposing a payout package that could reach $1 trillion for its CEO, Elon Musk, if the electric vehicle company meets a series of extremely aggressive targets over the next 10 years.