Significant rise was made by shares her Wall Street On Wednesday (13.08.2025), boosting their recent momentum, as expectations to reduce Fed interest rates continue to push the main indicators to historically high levels.
Wall Street shares were reinforced by the statements by US Finance Minister Scott Bessedwhich called on the Fed to reduce the basic interest rate by up to 1.5%.
In this climate, Dow Jones won 1.04%, the S&P 500 0.32%, getting a new historic record, and Nasdaq 0.14%.
AMD rose more than 5%, leading to technology. Apple also rose about 1%, along with Oracle.
Wednesday’s upward moves followed a record that broke a record on Tuesday, which was triggered by a report on inflation that was milder than expected and gave investors hopes to reduce Fed interest rates in September. Investors estimate that there is a 99% chance of reducing interest rates at the Federal Bank meeting in September, according to CME’s Fedwatch Tool transactions.
The exposure of the producer price index on wholesale inflation to be published on Thursday will add another piece to the financial puzzle. The report will be published before the Fed meeting on Jackson Hole on August 21-23, which could also set expectations for the next move by the Central Bank.