Wall Street climbs in first day of week, U.S. dollar descends

30 Sep 2025

NEW YORK, New York – U.S.  stock markets closed higher on Monday, supported by strong performances in the technology and energy sectors. Investors remained cautiously optimistic ahead of key economic data later this week, while the broader sentiment was buoyed by easing inflation concerns and a calmer bond market.

🇺🇸 U.S. Markets: Modest Gains Across the Board

  • The Standard and Poor’s 500 added 17.51 points, closing at 6,661.21, a gain of 0.26 percent. The benchmark index hovered near record territory as large-cap tech and consumer discretionary stocks led the charge.

  • The Dow Jones Industrial Average rose 68.78 points to settle at 46,316.07, up 0.15 percent. Blue-chip names in healthcare and industrials helped keep the index in positive territory, although gains were capped by weakness in financials.

  • The tech-heavy NASDAQ Composite outperformed the broader market, advancing 107.09 points, or 0.48 percent, to close at 22,591.15. Investors rotated back into growth stocks as Treasury yields pulled back from recent highs.

🔍 Market Drivers and Outlook

Investors are positioning ahead of a packed data week that includes U.S. job openings, ISM manufacturing figures, and Friday’s key non-farm payrolls report. The recent pullback in bond yields has reduced pressure on equity valuations, especially in high-growth tech names, while expectations for a soft landing in the U.S. economy remain intact.

Although geopolitical risks and U.S. fiscal concerns linger in the background, markets appear focused on earnings resilience and a potential policy pause by the Federal Reserve later this year.

🌐 Forex Market Update — Monday Close

The global foreign exchange market saw mixed movements on Monday, with the U.S. dollar weakening against most major currencies amid shifting expectations around Federal Reserve interest rate policy. Traders digested recent inflation data and central bank comments, while positioning ahead of key macroeconomic releases later in the week.

📉 Dollar Weakens Against Most Majors

  • The euro gained against the greenback, with EUR/USD rising 0.28 percent to 1.1730, as investors continued to price in a less aggressive monetary stance from the European Central Bank, paired with softer U.S. Treasury yields.

  • The British pound also firmed, with GBP/USD climbing 0.28 percent to 1.3436, buoyed by stronger-than-expected U.K. consumer confidence data and improved risk sentiment.

  • The Australian dollar led gains among commodity-linked currencies, with the AUD/USD jumping 0.53 percent to 0.6579, supported by higher iron ore prices and upbeat Chinese industrial figures.

  • NZD/USD (New Zealand dollar) advanced 0.22 percent, closing at 0.57813, as risk appetite improved across Asia-Pacific markets.

  • In North America, the Canadian dollar strengthened, pushing USD/CAD down 0.16 percent to 1.3916, on the back of stable oil prices and stronger-than-forecast retail sales.

📈 Safe Havens Mixed

  • The Japanese yen strengthened notably, with USD/JPY falling 0.59 percent to 148.58, as investors sought safety amid concerns over U.S. fiscal uncertainty and a possible government shutdown. Yen buying was also supported by speculation that the Bank of Japan may move away from ultra-loose policy sooner than expected.

  • Meanwhile, the Swiss franc was little changed. USD/CHF edged down just 0.01 percent to 0.7973, as investors awaited inflation data from the region later this week.

🔍 Market Sentiment & Outlook

The U.S. dollar’s broad pullback reflects growing uncertainty around the Fed’s path forward, particularly as inflation appears to be cooling while growth indicators remain mixed. Traders are increasingly betting that the Fed may pause or even cut rates sooner than previously expected, which is putting pressure on the greenback.

Looking ahead, forex markets will be watching closely for:

  • U.S. ISM manufacturing data

  • Eurozone inflation figures

  • Japanese Tankan survey results

These releases could provide more clarity on monetary policy trajectories and shape currency flows in the coming sessions.

🌍 Global Equity Markets Wrap — Monday Close

Global equity markets were broadly higher to start the week, with European and Asian bourses mostly rising on Monday amid cautious optimism around corporate earnings and easing inflation pressures. Gains were led by healthcare and tech shares, while some indexes retreated on profit-taking and mixed macro signals. Belgium, Hong Kong, Taiwan and South Africa led the gainers.

🇨🇦 Canada: TSX Climbs on Energy, Mining Strength

  • North of the border, the S&P/TSX Composite Index jumped 210.63 points to finish at 29,971.91, a gain of 0.71 percent. Canadian energy and mining shares rallied on the back of steady oil and metal prices, while bank stocks also contributed to the gains.

🇬🇧 UK and Europe: Modest Gains Amid Defensive Buying

  • FTSE 100 (UK) closed up 15.01 points at 9,299.84, rising 0.16 percent, buoyed by strength in large-cap healthcare and consumer staples stocks. Traders kept a wary eye on ongoing political discussions around the U.S. government shutdown, though local markets were insulated by firm earnings reports.

  • DAX (Germany) gained 5.59 points to end at 23,745.06 — a marginal increase of 0.02 percent, as industrials and automakers were weighed down by concerns over weaker Chinese demand.

  • CAC 40 (France) rose by 0.13 percent, or 10.19 points, to finish at 7,880.87, supported by a rebound in luxury and financial names.

  • The EURO STOXX 50 climbed 0.13 percent to close at 5,506.85, with sectoral rotation favoring defensive plays.

  • Euronext 100 added 0.31 percent, ending at 1,655.77.

  • A standout performer in the region, Belgium’s BEL 20, surged 2.20 percent to 4,773.12, making it one of the top-performing European indices on the day. Gains were driven by broad-based buying and optimism in the banking sector.

🌏 Asia and Pacific: Mixed Session as Taiwan, Japan Retreat

  • Hang Seng Index (Hong Kong) rallied strongly, up 494.68 points or 1.89 percent to 26,622.88, boosted by tech and property shares. Investors cheered signals that the Chinese government may unveil further stimulus.

  • KOSPI (South Korea) advanced 1.33 percent to 3,431.21, lifted by semiconductor and auto stocks.

  • S&P/ASX 200 (Australia) closed up 0.85 percent at 8,862.80, with mining and energy sectors rebounding from recent declines.

  • All Ordinaries (Australia) also gained 0.76 percent, closing at 9,148.50.

  • Singapore’s STI edged up 0.09 percent to 4,269.98, while Malaysia’s KLCI rose 0.12 percent.

  • Indonesia’s IDX Composite (JKSE) gained 0.30 percent to 8,123.25, continuing its upward trend after a week of foreign inflows.

  • New Zealand’s NZX 50 was up 0.16 percent at 13,132.56.

  • SSE Composite Index (China) closed higher by 0.90 percent, at 3,862.53, amid fresh liquidity injections by the central bank.

  • Nikkei 225 (Japan) fell 0.69 percent to 45,043.75, dragged down by chipmakers and exporters as the yen briefly strengthened.

  • Taiwan’s TWSE Index posted the sharpest decline in the region, down 1.70 percent to 25,580.32, following a string of strong sessions and concerns over high valuations.

  • India’s Sensex dipped 0.08 percent to 80,364.94, as banking stocks reversed earlier gains.

🌏 Middle East and Africa – Israel slips, South Africa jumps 

  • TA‑125 (Israel) declined by 0.24 percent, finishing at 3,153.78, in a session marked by subdued trading volumes.

  • Egypt’s EGX 30 rose 0.62 percent to 36,391.00, lifted by telecom and industrial names.

  • South Africa’s Top 40 (USD Net TRI Index) rose 1.16 percent to 6,242.05, helped by a rebound in commodity-linked stocks.

🔍 Sector Highlights

  • Healthcare and consumer staples led gains across European markets, with pharmaceutical giants showing resilience amid global economic uncertainty.

  • Technology stocks powered much of the momentum in Asia, particularly in Hong Kong and South Korea.

  • Financials were mixed: while European banks moved higher, Indian and Japanese lenders faced headwinds.

  • Energy and materials shares rose in Australia and South Africa, helped by stabilizing commodity prices.

📈 Market Sentiment & Outlook

Investors appear cautiously optimistic, encouraged by corporate earnings and a perceived shift in central bank rhetoric toward policy easing, particularly in Europe. While volatility remains a concern, especially with looming U.S. fiscal deadlines, traders took a risk-on approach to start the week.

The coming days will bring key macroeconomic data including:

  • Eurozone inflation prints

  • U.S. non-farm payrolls

  • Chinese PMI figures

These could inject fresh direction into both equity and currency markets.

Last week’s U.S. and global markets:

Friday 26 September 2025 | U.S. stocks end week on high note, Dow Jones adds 300 points | Big News Network 

Thursday 25 September 2025 | Wall Street retreats on fall in jobless claims, dollar surges | Big News Network 

Wednesday 24 September 2025 | Dow Jones slides 172 points as stocks continue selling off | Big News Network 

Tuesday 23 September 2025 | U.S. stocks retreat from record highs Tuesday | Big News Network

Monday 22 September 2025 | Wall Street marks back-to-back record gains | big News Network 

top