Weekly Market Update – September 15, 2025

Taylor Champion
Sep 15, 2025
2 min read

Price Return Last Week

S&P 500 +1.6% S&P Mid Cap (0.4%) Russell 2000 +0.3%

MSCI EAFE +1.2% MSCI EM +4.0%

10 Yr US Treasury Rate – fell from 4.09% to 4.06%

Source: Refinitiv Eikon

Recent News

Core CPI – Aug: 0.3% (Reuters Poll est. 0.3%) Jul: 0.3%

The monthly increase in core inflation was in-line with analyst forecasts. On a year-over-year basis, core inflation was up 3.1%. Overall CPI was higher than the core CPI number with overall prices up 0.4% versus the previous month when including food and energy. Tomato prices were up 4.5% month-over-month for the biggest increase since January 2020. Beef and coffee prices surged as well and are up over 10% from a year ago.

Source: Refinitiv Eikon, The Wall Street Journal, Thomson Reuters

Employment Level Reduced – The annual benchmark revision to the US payrolls benchmark showed that the U.S. economy likely created 911,000 fewer jobs than previously estimated in the twelve months through March 2025. This equals 76,000 fewer jobs per month and suggest that the labor market has been weakening for longer than previously reported. Economists had expected the revision to be approximately 700,000 fewer jobs.

Source: Thomson Reuters

Unemployment Claims – The number of Americans filing for unemployment benefits last week rose to 263,000, representing the highest level in nearly four years.

Source: Refinitiv Eikon, The Wall Street Journal

Hollywood Loves Hollywood – New television show “The Studio” set a record for most Emmys won for a comedy series in a single season this weekend. The show received 13 Emmys including Best Comedy Series, Best Lead Actor in a Comedy Series, and Best Writing.

Source: The Wall Street Journal

Upcoming Events

9/15 – Senate Vote to Confirm Miran to Fed Board

9/16 – Retail Sales, Notable Earnings Reports: Ferguson

9/17 – Fed Meeting, Bank of Canada Meeting

9/18 – Bank of England Meeting, Bank of Japan Meeting, Notable Earnings Reports: Darden, FedEx

Source: Refinitiv Eikon