US Markets Wrap: Rate Cuts, Tech Slump, and the TikTok Deal
Update: 2025-09-17
Description
U.S. equities slipped as investors took profits ahead of the Federal Reserve’s much-anticipated rate decision, with markets pricing in a quarter-point cut and more to come by year’s end. Big tech names like Nvidia, Microsoft, and Alphabet dragged the indexes lower, while attention now shifts to Fed Chair Powell’s press conference and political headlines from President Trump’s state visit to the UK. Jason Britton, Founder & CIO, Reflection Asset Management also break down the Oracle-led consortium’s deal for TikTok’s U.S. assets, and what it could mean for trade talks and tariffs.
Produced/Presented: Ryan Huang
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