Stock Market News·2025-09-16 18:01Market Overview - The major indices showed mixed results, with the Dow Jones Industrial Average (DJIA) gaining 0.1% to close at 45,883.45 points, the S&P 500 (SPX) rising 0.5% to an all-time high of 6,615.28 points, and the Nasdaq Composite (IXIC) climbing 0.9% to a record close of 22,348.75 points [2] - The S&P 500's advance of 10.32% during the first 164 sessions of Trump's second term is nearly identical to the 10.37% rise during the same period in his first term [2] TikTok Deal - A deal was announced to keep TikTok operating in the U.S., involving the transfer of its U.S. assets from ByteDance to American owners, which President Trump described as an "upgrade for both countries" [3] - Oracle (ORCL) shares surged as much as 5% in premarket trading following news of its likely involvement in the TikTok deal, with shares up more than 3% by Tuesday morning [4] - The deal is expected to close within 30 to 45 days and could signify a breakthrough in the U.S.-China trade war [4] Legal Actions - President Trump filed a $15 billion defamation lawsuit against The New York Times (NYT), claiming a "decades-long pattern" of defamation against him and his movement [5] - Following the lawsuit announcement, shares of The New York Times Company fell 2.4% [6] - This lawsuit marks the fourth multibillion-dollar legal action Trump has taken against media companies since returning to office [6] Corporate Reporting Changes - President Trump proposed shifting U.S. corporate reporting from quarterly to semi-annual, arguing it would save money and allow better management focus [7] - Analysts predict a 60% chance that this shift could become a reality, indicating a potential reversal of decades-old SEC policy [7] Tariff Policies - President Trump has threatened to impose tariffs of 50-100% on Chinese goods as part of his foreign policy strategy [8] - U.S. Treasury Secretary indicated that new tariffs on Chinese goods related to Russian oil purchases would be held off if European countries impose significant duties [8] - The market has shown resilience to tariff announcements, with retail sales rising 0.6% in August despite ongoing inflation concerns [8] Conclusion - The market remains in a state of high-stakes drama influenced by Trump's policies, legal actions, and international trade negotiations, creating a dynamic environment for investors [9]