News Bulletin
Wednesday, September 17, 2025
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Wednesday, September 17, 2025 |
||||
|
8:30 |
Building Permits (Aug) |
1.312M |
1.370M |
1.362M |
|
8:30 |
Housing Starts (MoM)
(Aug) |
-8.50% |
|
3.40% |
|
8:30 |
Housing Starts (Aug) |
1.307M |
1.370M |
1.429M |
|
10:30 |
Crude Oil Inventories |
-9.285M |
1.400M |
3.939M |
|
14:00 |
FOMC Economic Projections |
|
|
|
|
14:00 |
FOMC Statement |
|
|
|
|
14:00 |
Fed Interest Rate Decision |
4.25% |
4.25% |
4.50% |
|
14:30 |
FOMC Press Conference |
|
|
|
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
46,018.32 |
44,889.52 |
43,196.70 |
|
NASDAQ |
22,261.33 |
21,343.69 |
19,471.04 |
|
S&P 500 |
6,600.35 |
6,406.66 |
5,993.75 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
General Mills (GIS) |
0.86 |
0.81 |
4.52B |
4.52B |
26.12B |
BMO |
|
Manchester United (MANU) |
-3.16 |
-0.0651 |
164.2M |
165.16M |
2.63B |
BMO |
|
Cracker Barrel Old (CBRL) |
-- |
0.7204 |
-- |
853.96M |
1.11B |
BMO |
|
WhiteFiber (WYFI) |
-0.0963 |
-- |
18.3M |
-- |
729.27M |
BMO |
|
Innate Pharma (IPHA) |
-- |
-- |
-- |
10.30M |
184.98M |
BMO |
|
IperionX Limited ADR (IPX) |
-- |
-0.04 |
-- |
8.91M |
1.48B |
|
|
Akso Health DRC (AHG) |
-- |
-- |
-- |
-- |
987.83M |
|
|
Cantaloupe (CTLP) |
0.09 |
0.105 |
82.56M |
83.73M |
795.32M |
|
|
Rezolute (RZLT) |
-- |
-0.2133 |
-- |
0 |
670.74M |
|
|
Golden Matrix (GMGI) |
-- |
-- |
-- |
48.34M |
128.78M |
|
|
Anixa Biosciences (ANIX) |
-0.07 |
-0.085 |
-- |
0 |
111.26M |
|
|
Anebulo Pharmaceuticals (ANEB) |
-- |
-0.05 |
-- |
0 |
100.66M |
|
|
Bridgford (BRID) |
-0.18 |
-- |
51.95M |
-- |
73.07M |
|
|
RiverNorth Specialty Finance (RSF) |
-- |
0.91 |
-- |
-- |
62.51M |
|
|
Pharma-Bio Serv (PBSV) |
-- |
0.03 |
-- |
3M |
13.06M |
|
|
PharmaCyte Biotech (PMCB) |
-- |
-- |
-- |
-- |
6.42M |
|
|
Pinstripes Holdings (PNSTQ) |
-- |
-0.21 |
-- |
35.05M |
453.34K |
|
|
CB Wind Down (CBKCQ) |
-- |
-- |
-- |
-- |
3.86K |
|
|
Nano Dimension (NNDM) |
-- |
-- |
-- |
-- |
317.19M |
AMC |
|
Sangoma Technologies (SANG) |
-- |
-0.03 |
-- |
58.53M |
198.41M |
AMC |
Market News:
The S&P 500 closed lower Wednesday,
as the Federal Reserve’s rate cut and outlook for two further cuts this year largely met
market expectations.
At 4:00 p.m. ET, the Dow Jones
Industrial Average gained 260 points, or 0.6%, and the S&P 500 index fell
0.1% though remains close to all-time highs of 6,626.99. The NASDAQ Composite
slipped 0.3%.
Fed cuts rates, as expected, adds
additional cut to forecast for this year
The Federal Reserve lowered interest
rates by 0.25% on Wednesday for the first time in nine months and sees the need
two more rates cuts this year as worries of softening in the labor market, which threatens the economy, outweigh
concerns about inflation still running above the central bank’s target.
Fed members also tentatively backed two
more rates cuts this year, up from the previous forecast for one more. But
support for three cuts is far from solid, Morgan Stanley said.
"The SEP showed a median of three
cuts for this year, but only just: a shift of one voter to two cuts would have
left the median there," it added.
The Fed’s rate decision was also
accompanied by a fresh set projections showing the Fed
members maintained inflation and unemployment expectations for this year.
General Mills leads earnings parade
In corporate news, General Mills
(NYSE:GIS) stock fell after the packaged foods company reiterated its
annual sales and profit forecasts but notched a decline in demand in its key
North America segment.
Quarterly volumes in North America at
the Minneapolis-based group dropped by 16 percentage points compared to a year
ago, with the company now anticipating that the overall category’s growth will
fall below its long-term targets.
Concerns have swirled around whether
American consumers are reining in expenditures during a time of broader tariff-fueled economic uncertainty. A gauge of consumer sentiment
last week from the University of Michigan ticked lower, with sweeping U.S.
levies cited as a key driver of households’ fears over the state of their
pocketbooks.
Elsewhere, Apple’s (NASDAQ:AAPL) smartphone sales in China fell 6% in the weeks before the iPhone 17 launch, a sharper-than-usual slowdown ahead of a
flagship release, according to Counterpoint Research.
Lyft
(NASDAQ:LYFT) stock surged while rival Uber (NYSE:UBER)shares
fell after Lyft announced a new partnership with Waymo to bring autonomous ride-hailing services to
Nashville in 2026.
Workday (NASDAQ:WDAY) stock rose after activist investor Elliott Management unveiled a stake
of more than $2 billion in the company and backed its leadership.
Baidu
(NASDAQ:BIDU) shares surged, lifted by
growing investor confidence in its home-grown AI chip efforts as China
accelerates its drive toward semiconductor independence.
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