Yahoo Finance·2025-09-18 14:01Market Overview - U.S. equity markets opened positively with Nasdaq up by 0.90% and S&P 500 up by 0.71%, while Russell 2000 lagged at 0.18% and Dow was little changed at -0.05% [1] Earnings Reports - Darden Restaurants (DRI) reported a 7% decline in stock price after narrowly missing earnings expectations, although revenue met expectations and forward guidance was raised [3] - FactSet Research (FDS) saw a slight decline of 0.3% in stock price after missing earnings expectations, while revenue met expectations and profit guidance was described as tepid [3] Corporate Developments - Nvidia (NVDA) announced a $5 billion investment in Intel (INTC), acquiring approximately a 4% stake, which led to Intel's stock rising by 28.6% [4] - Disney (DIS) faced controversy after pulling Jimmy Kimmel's show on ABC due to fears of political attacks from regulators, impacting its stock price by a decline of 0.8% [4] - Meta introduced new Meta Ray-Ban Display glasses with a built-in AI assistant, priced at $799, resulting in a 0.6% increase in its stock price [4] - American Express (AXP) launched a refreshed AmEx Platinum Card with an annual fee of $895, making it the most expensive widely-available premium credit card, leading to a 1% increase in its stock price [5] Economic Indicators - Initial Jobless Claims for the week of September 13 dropped to 231,000 from a previous 264,000, below the expected 240,000 [7] - Continuing Jobless Claims for the same week were reported at 1.92 million, slightly down from 1.927 million and below the expected 1.95 million [8] - The Philadelphia Fed Manufacturing Index rose significantly to 23.2 from a previous -0.3, exceeding expectations of 2.3 [8] - Philly Fed Business Conditions improved to 31.5 from 25, while the CAPEX Index decreased to 12.5 from 38.4, and Employment Index slightly decreased to 5.6 from 5.9 [8] Commodity Market - Coffee prices experienced their third-largest decline this century, with volatility in New York-based futures reaching a four-year high [6]