How major US stock indexes fared Thursday, 9/4/2025

Key Points

• U.S. stocks rose on Thursday, with the S&P 500 and Dow Jones Industrial Average both gaining 0.8%, while the Nasdaq composite increased by 1%.
• Treasury yields fell as data indicated weaker hiring among private employers, suggesting a potential shift in Federal Reserve interest rate policy.
• The upcoming jobs report is anticipated to have significant implications for the Fed's future decisions concerning interest rates.
• For the year, the S&P 500 is up 10.5%, while the Nasdaq has seen a notable rise of 12.4%.

U.S. stocks rose as Wall Street made its final moves ahead of a highly anticipated report on the job market.

The S&P climbed 0.8% Thursday. The Dow Jones Industrial Average gained 0.8%, and the Nasdaq composite rallied 1%.

Treasury yields fell following data that showed weaker hiring among private employers and a potential increase in layoffs. Neither is flashing a recession, but a slowdown in the job market could push the Federal Reserve to cut its main interest rate in a couple weeks. A more comprehensive jobs report is due Friday, which will likely carry more weight with the Fed.

On Thursday:

The S&P 500 rose 53.82 points, or 0.8%, to 6,502.08.

The Dow Jones Industrial Average rose 350.06 points, or 0.8%, to 45,621.29.

The Nasdaq composite rose 209.97 points, or 1%, to 21,707.69.

The Russell 2000 index of smaller companies rose 29.64 points, or 1.3%, to 2,379.61.

For the week:

The S&P 500 is up 41.82 points, or 0.6%

The Dow is up 76.41 points, or 0.2%.

The Nasdaq is up 252.14 points, or 1.2%.

The Russell 2000 is up 13.19 points, or 0.6%.

For the year:

The S&P 500 is up 620.45 points, or 10.5%.

The Dow is up 3,077.07 points, or 7.2%.

The Nasdaq is up 2,396.90 points, or 12.4%.

The Russell 2000 is up 149.45 points, or 6.7%.