Workflow
S&P 500, Dow, Nasdaq Record Closes | Closing Bell
Youtubeยท2025-09-19 20:42

Market Overview - Major indices including the Dow, S&P 500, and Nasdaq closed in the green, marking a record-setting week, potentially influenced by rate cuts and trade dynamics [2][5][6] - The Dow rose by approximately 172 points (0.4%), S&P 500 increased by 30 points (0.5%), and Nasdaq composite gained 0.7% [6] Sector Performance - Big tech led the gains, with over 1% increase in that sector, while utilities and communication services also performed well [7][8] - Energy sector was the biggest loser, down 1.3%, along with declines in real estate, consumer staples, and healthcare [8] Company Highlights - FedEx reported better-than-expected adjusted earnings per share for Q1 and reinstated its full-year sales and profit outlook, leading to a stock increase of 2.3% [9] - Apple shares rose by 3.2% following the launch of new iPhone models, marking the first time since 2020 that multiple new designs were introduced [12] - Brighthouse Financial's stock surged by 27% amid reports of a potential acquisition at $65 to $70 per share [13] - Oracle's shares increased by 4% as the company is in talks for a $20 billion AI cloud computing deal with Metta [14] Decliners - Homebuilder Lennar's stock fell by 4.2% due to a forecast for quarterly home orders that missed analyst estimates, reflecting affordability concerns [15] - Intel shares dropped by 3.2% after Citigroup downgraded the stock to sell from neutral, citing rich valuation despite a previous rally [17] - Shares of StubHub fell 10% following its IPO, which has underperformed since its launch [18] Economic Indicators - Financial conditions have loosened due to recent rate cuts, with Fed members expected to clarify their voting rationale in the upcoming week [4][21] - Coffee futures pulled back due to an improving supply outlook, with Arabica futures falling by as much as 6.5% amid tariff discussions [22][24]