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0.000304568527918793 0 0.00208121827411166 0.0143147208121829 0.00213197969543155 0.0224873096446701 0.0177411167512691 0.0140101522842641
Stock impact report

Novice Investor's Digest For Wednesday, September 24: Market Parses Powell's Conservative View [Forbes]

Cintas Corporation (CTAS) 
Last cintas corporation earnings: 3/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cintas.com/investors
Company Research Source: Forbes
The large-cap S&P 500 index fell while the technology-focused Nasdaq Composite dipped nearly . The Dow Jones Industrial Average, focused on blue-chip stocks, fell Powell's conservative outlook contributed to a retreat from record-high stock prices achieved earlier in the week. According to CME FedWatch , investors largely expect a second 2025 rate reduction at the Fed's October meeting. Powell did not confirm that expectation. Instead, he noted concern over lingering inflation and a slowing labor market—in his words, “a challenging situation.” Typically, the Fed uses interest rates and other tools to pursue its dual mandate of low unemployment and low inflation. Lower interest rates generally stimulate jobs but can encourage higher prices. The challenge for the Fed in 2025 is to restore a healthy labor market without prompting a resurgence of high inflation. Stock futures for the S&P 500 Nasdaq 100 and Dow Jones are up slightly ahead of the market open on Wednesday. Contracts t Show less Read more
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