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Happy Friday. This is TheStreet’s Stock Market Today for Sept. 12, 2025. You can follow the latest updates on the market here with our daily live blog.
Update: 8:18 a.m. ET
Everything Happening Today
Friday tends to be a quiet day for the market, especially in the waning days of earnings season. Still, by most measures, today is shaping up to be pretty quiet (famous last words.)
Let’s start with the novelty factor: IPOs. There are two big public debuts slated for today: crypto exchange Gemini Space Station GEMI and public transit contractor Via Transportation VIA.
Moving down the list to economic data: the Preliminary Michigan Consumer Sentiment data for Sept. 2025 is due out at 10:00 a.m. ET. It’s the only major report set for today and is expected to be little-changed month-over-month, per analyst estimates.
Finally, with earnings on the way out, there’s just one earnings report of note today: JinkoSolar (JKS) is the only firm with a market cap exceeding $1 billion that is set to report today.
That said, we’ll be checking in on the market periodically throughout the day and recapping the busy week we just had.
Pre-Market Check In
U.S. equity benchmarks are little moved in futures trading this morning, with about an hour left until the market opens. The Nasdaq Composite (+0.10%) is the only index in the green, but the S&P 500 (-0.05%) and Dow (-0.23%) aren’t really far into the red. It’s only the Russell 2000 (-0.44%) that’s really seeing a decline.
Stocks are looking to add to their week-long rally, which has come as a Fed rate cut has more or less been ‘locked in’ by prevailing economic data. A cool Producer Price Index (PPI) print, a hotter-than-expected Consumer Price Index (CPI) print, and the highest initial claims in nearly four years have been the final ingredients in ‘locking in’ the 25 basis point (0.25%) cut at the Fed’s policy meeting next week.