U.S. Stock Market Recap — September 22, 2025

Daily Market Moves

Wall Street kept climbing Monday, with the Dow, S&P 500, and Nasdaq all closing at record highs for a third straight day. Tech and AI names led the way, fueled by fresh deal news and investor optimism around future Fed cuts.

Major Index Performance

• Dow Jones: +0.1% → ~46,382

• S&P 500: +0.4% → ~6,694

• Nasdaq Composite: +0.7% → ~22,789

Drivers & Highlights

• AI boom: Nvidia popped after pledging up to $100B in OpenAI data centers.

• Oracle & TikTok: Oracle surged on a deal to manage TikTok’s U.S. algorithm alongside leadership changes.

• M&A buzz: Pfizer announced a $7.3B takeover of Metsera, while Compass said it will acquire Anywhere Real Estate.

• Policy watch: Immigration-visa fee proposals raised concern for tech firms, while Kenvue slid on health-safety scrutiny over Tylenol.

Other Markets

• 10-year Treasury yield hovered near 4.14%.

• Gold hit fresh highs, while crypto stocks like Coinbase sank.

• The U.S. dollar softened against major peers.

Key Takeaway

Record highs continue to pile up as tech and AI dominate, with M&A adding fuel. But policy shifts and regulation loom as potential speed bumps in an otherwise strong momentum market.

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