The FOMC tried very hard to sound dovish yesterday but with the bull market largely based on ultra-expansive monetary policy and no new action on the horizon it was not enough to keep investors happy. The Fed effectively pledged to keep 0% interest rates through 2023 but equity indices still declined, a move that was extended after president Trump suggested he didn’t like a solution when the Chinese company maintains a control of the US TikTok operations (denying earlier rumors).
Investors should pay attention to the 10930 level on US100 where bulls managed to counterattack twice. A break of this level could drive the market to 10000 level fairly quickly.
DE40: Europe moves sideways, Nestle gains
Chart of the day - US100 (16.10.2025)
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Daily Summary – Wall Street Rally Driven by Powell’s Promises
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