US Equity Markets Ended Lower as Most Government Bond Yields Rose

04:06 PM EDT, 09/25/2025 (MT Newswires) -- US equity indexes were lower on Thursday as most government bond yields rose amid significant economic reports.

* US economic growth, as measured by gross domestic product, was revised upward to a 3.8% increase in Q2 from the previously estimated 3.3%, surpassing expectations from a Bloomberg survey that had anticipated no revision.

* US initial jobless claims dropped to 218,000 for the week ending September 20, down from an upwardly revised 232,000 the previous week, defying expectations of an increase to 233,000 according to a Bloomberg survey.

* US durable goods orders surged by 2.9% in August, rebounding from a 2.7% decline and defying Bloomberg's survey expectations of a 0.3% drop.

* November West Texas Intermediate crude oil rose $0.15 to settle at $65.14 per barrel, while November Brent crude, the global benchmark, was last seen up $0.20 to $69.51.

* Intel (INTC) is seeking an investment from Apple (AAPL) to support its turnaround efforts, Bloomberg reported, citing unnamed sources. Intel (INTC) shares were up 8.8% Thursday, making it the top gainer on the S&P 500.

* CarMax (KMX) shares plummeted nearly 19%, making it the worst performer on the S&P 500, following a decline in fiscal Q2 earnings and revenue.

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