US Equity Markets Lower After Fed Reserve Chair Declined to Address Monetary Policy in Public Remarks

04:32 PM EDT, 10/09/2025 (MT Newswires) -- US equity indexes were lower on Thursday after Federal Reserve Chair Jerome Powell sidestepped the opportunity to address monetary policy during his latest public remarks amid no resolution for the partial US government shutdown.

* Federal Reserve Chair Jerome Powell gave no new comments on interest rates during a recorded video address to a community bank conference in Washington on Thursday. Meanwhile, minutes released late Wednesday from the Fed's Sept. 16-17 meeting revealed a split among policymakers over how and when to proceed with rate cuts, although most supported the possibility of some further easing.

* Gold futures fell 2.2% to $3,978.70 on Monday, pulling back from a record high, while silver futures dropped 3.6% to $47.26, also retreating from an all-time peak.

* November West Texas Intermediate crude oil fell $1.07 to settle at $61.48 per barrel, while December Brent crude, the global benchmark, was last seen down $1.09 to $65.16.

* AtlasClear (ATCH) said Thursday it entered into definitive agreements to raise $20 million in new financing. Shares were up nearly 38% following the announcement.

* Ferrari (RACE) shares fell nearly 15% after the company cut its 2025 adjusted earnings forecast below analysts' expectations and scaled back its 2030 electrification goals.

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