Stock Market Update
20-Aug-25 15:00 ET
Rate cut expectations little changed by FOMC minutes
Dow -31.23
at 44891.04,
Nasdaq -217.68
at 21095.89,
S&P -27.23
at 6384.14
[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.9%), and DJIA (flat) trade slightly above their previous levels after digesting the July FOMC minutes.
The probability of a 25-basis point rate cut now stands at 82.9%, down slightly from 86.6% yesterday, according to the CME FedWatch tool.
Markets will be closely watching Fed Chair Powell's speech at Jackson Hole on Friday for any hint of a shift toward a more accommodative rate stance. Still, with another CPI and PPI report due ahead of the FOMC meeting, Powell may choose to remain cautious until that data is fully digested.
