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Wall Street’s AI-Driven Rally Continues, Major Indexes Hit New Records
Stock Market News·2025-09-22 21:07

Market Performance - U.S. equity markets reached new all-time highs on September 22, 2025, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all showing strong performance [1] - The Dow Jones Industrial Average rose 0.1% to close at 46,381.54, the S&P 500 advanced 0.4% to 6,693.75, and the Nasdaq Composite climbed 0.7% to 22,788.98 [2] - The previous week saw the Dow, S&P 500, and Nasdaq Composite increase by 1%, 1.2%, and 2.2% respectively, driven by a recent rate cut from the Federal Reserve [2] Major Stock News - Nvidia's stock surged approximately 3.9% to 4.4% after announcing plans to invest up to $100 billion in OpenAI, highlighting its role in the AI sector [4] - Oracle's shares jumped 6.3% following news of acquiring TikTok's algorithm and appointing new co-CEOs [5] - Apple experienced a rally of up to 4% due to strong demand for the new iPhone 17 models, particularly in China, with an analyst raising the price target to $310 [6] - Tesla shares reached a 2025 high, reflecting investor optimism about its self-driving technology and product developments [7] - Pfizer announced plans to acquire Metsera for $4.9 billion, leading to a 60% increase in Metsera's stock [8] Upcoming Market Events - Key economic data releases are anticipated, including the U.S. core Personal Consumption Expenditures (PCE) price index, with expectations of slight inflation acceleration [10] - Other important data expected includes revised U.S. GDP numbers, consumer confidence data, home sales, and durable goods orders [11] - The Federal Reserve's "dot plot" indicates expectations for two more quarter-point interest rate cuts by the end of the year [12] Earnings Announcements - Notable earnings reports include FedEx Corp. reporting adjusted earnings of $3.83 per share, exceeding estimates, while Lennar Corp. shares fell 4.2% after missing earnings expectations [14]