Markets Fall After Powell-Inspired Rally. Dow Futures Slip From Record High.

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Markets Fall After Powell-Inspired Rally. Dow Futures Slip From Record High.Stock Market News for Monday, Aug. 25, 2025: Stocks Head Lower After Powell-Inspired RallyLast Updated:Updated 13 hours agoU.S. stock futures were falling early Monday after the rally inspired by Federal Reserve Chair Jerome Powell opening the door to interest-rate cuts.Dow Jones Industrial Average futures were down 42 points, or 0.1%. S&P 500 futures were falling 0.1% and Nasdaq 100 futures were down 0.2%.The Dow hit a record high Friday after Powell said a rate cut may be warranted. Traders are pricing in an 87% chance that the Fed will cut its key interest rate by 25 basis points in September, up from 62% a month ago, according to the CME FedWatch tool.