Much of the attention on this year’s bull run in stocks has focused on AI-fueled Big Tech and its rising influence in benchmarks such as the S&P 500 Index. But while Wall Street remains obsessed with the largest companies, the smallest slice of the market-cap pie has quietly pulled ahead of the pack in recent weeks.
Daily Archives: October 9, 2025
Macro Briefing: 9 October 2025
Federal Reserve officials are leaning toward additional interest-rate cuts this year, according to Fed minutes for latest policy meeting. The reasoning: weakness in the labor market. “In considering the outlook for monetary policy, almost all participants noted that, with the reduction in the target range for the federal funds rate at this meeting, the Committee was well positioned to respond in a timely way to potential economic developments,” the minutes stated. Meanwhile, the policy-sensitive US 2-year Treasury yield continues to trade near its low for the year to date.
