Nasdaq·2025-09-19 15:44Market Overview - The S&P 500 Index is up +0.16%, the Dow Jones is up +0.04%, and the Nasdaq 100 is up +0.19% [1] - The Nasdaq 10 has reached a new all-time high, driven by expectations of additional Fed interest rate cuts [2] - Market volatility is heightened due to the quarterly event known as triple-witching, with $5 trillion in stock options, futures, and derivatives expiring [2] Interest Rates and Federal Reserve - Minneapolis Fed President Neel Kashkari supports a recent 25 basis point rate cut and anticipates two more cuts this year [3] - The market is pricing in a 92% chance of a 25 basis point rate cut at the next FOMC meeting on October 28-29 [4] - The 10-year T-note yield has risen to 4.143%, a two-week high, influenced by stock market strength and concerns about Fed independence [5][6] International Markets - European stock markets are mixed, with the Euro Stoxx 50 rising to a four-week high, while China's Shanghai Composite fell by -0.30% [4] - German PPI fell -0.5% month-over-month and -2.2% year-over-year, marking the largest year-on-year decline in 15 months [7] Company Performance - Major technology stocks, including Tesla and Apple, are showing strength, contributing positively to the overall market [11] - Klaviyo Inc and Lincoln National have both seen stock upgrades, with price targets set at $50 and $58 respectively [12] - Scholastic Corp reported a Q1 adjusted loss per share of -$2.52, wider than consensus estimates, leading to a decline of more than -12% in stock price [13] - Lennar's Q3 revenue of $8.81 billion fell short of the consensus of $9.05 billion, resulting in a stock decline of more than -4% [14]