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From the Desk - Economic Commentary

Brandon Casey, Member Strategies  - 10/30/2025

U.S. stocks are mixed Thursday as investors continue to track corporate earnings results. Both the S&P 500 and Nasdaq are lower, while the DJIA opened lower but has since turned positive. Stocks were mixed on Wednesday as Fed Chair Jerome Powell indicated that it is not a foregone conclusion that there will be another interest rate cut in December. As of today, markets believe there is a 73% chance that the Fed will cut rates in December. On the trade front, the U.S. and China came to agreement on numerous topics as talks ended on Wednesday.


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