2025-09-02
SPY fell 0.7% to $640 as global economic woes put the S&P 500 down more than 60 points overnight. French yields rose sharply, and massive structural debt issues in China, Japan and the US could eventually spark a crash.
Daily Market Analysis
September 2025
SPY gained 3.3% to $666, setting new all-time highs along the way. A 22K August jobs report and a PPI reading of -.1% fed hopes for rate relief, and the Fed delivered a 25 basis point cut on September 17. Even with a 0.7% drop on September 2 on French yield worries and bearish sentiment late in the month, buyers held support.
A complete intraday market analysis for each day is listed below.
2025-09-03
SPY rose 0.5% to $644 as employment is the focus this week, with JOLTs, ADP and the jobs report ahead. The Fed's labor market concern drives a rate cut in two weeks, and analysts expect a weak 75K report.
2025-09-04
SPY rose 0.8% to $649 inside a trading range near the all-time high as traders square up ahead of the jobs report. JOLTs openings fell to a one-year low and ADP reported only 54K new jobs.
2025-09-05
SPY fell 0.3% to $647 after rallying ahead of the jobs report, as if stocks would rise on any outcome. A light number raises rate cut odds and a good one suggests conditions are better than feared.
2025-09-08
SPY rose 0.2% to $649 after only 22K jobs were created in August, the fourth consecutive month of employment weakness. The market focuses on a likely rate cut next week, though sellers smacked down Friday's gap higher.
2025-09-09
SPY rose 0.2% to $650 as overnight news was light and eyes turned to PPI. Last Friday's jobs report was a big miss that should have moved the market, and PPI was a very hot .9% last month.
2025-09-10
SPY rose 0.3% to $652 after PPI dropped to -.1% from a hot reading, consistent with tariff price increases being temporary. That paves the way for a rate cut next week, and the BLS cut 910K jobs from estimates.
2025-09-11
SPY rose 0.8% to $658 after PPI fell to -.1% from .9%, though the market would likely have rallied on any result. This morning CPI rose .4%, hotter than the .3% expected.
2025-09-12
SPY was flat at 0.0%, closing at $657. The market hit a new all-time high as PPI dropped and the CPI rise was deemed temporary. Traders focus on a 25 basis point rate cut next week.
2025-09-15
SPY rose 0.5% to $661 as another new market high came on a pending rate cut and not economic strength. Elon Musk bought 2.5 million shares of TSLA, and gaps up to new highs should not be chased.
2025-09-16
SPY fell 0.1% to $660 as traders await the FOMC statement and wonder whether to hold longs or take profits. Risk exposure depends on confidence that dips have been brief and shallow.
2025-09-17
SPY fell 0.1% to $659 ahead of the Fed's likely rate cut. The market is called addicted to easy money, and this binary event calls for reduced risk and possibly a sell-the-news reaction.
2025-09-18
SPY rose 0.5% to $662 after the Fed delivered a rate cut and a dovish stance that failed to spark massive buying. The S&P 500 finished where it started, and much of an overnight 50 point rally was given back.
2025-09-22
SPY rose 0.5% to $667 as the market floated higher and the 25 basis point rate cut produced no move. Heavier volume came from triple witching, and the news is light with a final look at Q2 GDP.
2025-09-23
SPY fell 0.5% to $663 after last week's expected 25 basis point rate cut and a dovish tone that eased worries. The market is addicted to easy money and has deflected bad releases.
2025-09-24
SPY fell 0.3% to $661 after Powell said there is no guarantee of two cuts this year, giving back Monday's gains. In a light news week, a quick drop of 5% or more would be needed to reset the trend.
2025-09-25
SPY fell 0.5% to $658 as traders fear the long-awaited sell-off and an AI bubble burst. Brief, shallow dips have led to substantial new highs, so the price action is described as bullish.
2025-09-26
SPY rose 0.6% to $662 as headlines suggest the world is falling apart. Technical traders see a strong trend with minor dips and speedy recoveries, while those guided by fundamentals are short or in cash.
2025-09-29
SPY rose 0.3% to $664 as negative headlines and bearish social media sentiment were called a distraction. Every move below the EMA 8 in six months was a buying opportunity, with dips brief and shallow.
2025-09-30
SPY rose 0.4% to $666 after a slight dip found support. Chicago PMI, JOLTS, ADP and Challenger reports lead the week, and analysts expect 52K new jobs Friday, a soft number buyers look past because of rate cuts.
