Stock Market Newsยท2025-09-22 14:08Corporate News - Apple (AAPL) shares reached an eight-month high, rising 2.1% after Wedbush set a price target of $310 [3][8] - Intel (INTC) had its ratings affirmed by Fitch, which stated that the ratings were unaffected by Intel's recent partnership announcement with NVIDIA (NVDA) [3][8] - NVIDIA is investing $5 billion in Intel's common stock to jointly develop custom data center and PC products [3] Market Overview - U.S. equity markets opened in negative territory, with the Dow Jones Industrial Average declining by 156.50 points, or 0.34%, to 46,158.77 [2][8] - The S&P 500 dropped 14.15 points, or 0.21%, to 6,650.21, and the Nasdaq fell 32.45 points, or 0.14%, to 22,599.03 after market open [2][8] Commodity and Cryptocurrency Markets - Spot Palladium prices saw a significant jump, climbing 3% to $1,183.69 per ounce [4][8] - Ether faced challenges, struggling to maintain the $4,000 support level after recent price action [4][8] Central Bank Commentary - FED Musalem indicated there is limited room for further interest rate cuts, suggesting a cautious approach to monetary policy moving forward [4][8] Geopolitical Developments - Cathay Pacific (0293.HK) announced the cancellation of all Hong Kong flights from Tuesday 6 PM to Thursday 6 AM due to an approaching super typhoon [5][8] - Projections indicate that Israeli war costs are expected to increase by $7.5 billion due to the ongoing assault on Gaza City [5][8]