The Economic Timesยท2025-09-23 01:47Group 1 - Nvidia shares increased by 3.9% after announcing it will invest up to $100 billion in OpenAI and supply data center chips, boosting optimism about AI prospects [1][9] - Apple shares rose 4.3% following Wedbush's target price increase due to strong demand for the iPhone 17, while Tesla shares climbed 1.9% [1][9] - The S&P 500 technology sector led gains, ending 1.7% higher, contributing to a year-to-date increase of 13.8% and a 3.6% rise for September [1][6] Group 2 - Federal Reserve officials expressed skepticism about the necessity for further rate cuts, despite a recent quarter-point cut aimed at managing unemployment risks [2][3] - St. Louis Fed President Alberto Musalem and Atlanta Fed President Raphael Bostic emphasized that lowering inflation remains a priority, while Fed Governor Stephen Miran noted that monetary policy is "well into restrictive territory" [3][9] Group 3 - The Dow Jones Industrial Average rose by 66.27 points (0.14%) to 46,381.54, the S&P 500 gained 29.39 points (0.44%) to 6,693.75, and the Nasdaq Composite increased by 157.50 points (0.70%) to 22,788.98 [7][10] - Kenvue shares fell 7.5% amid concerns over new FDA guidance linking acetaminophen to autism, but rebounded by 4.7% after the announcement [8][10] - Advancing issues outnumbered decliners on both the NYSE and Nasdaq, with a volume of 18.65 billion shares traded, surpassing the 17.5 billion average over the last 20 trading days [9][10]