Evening Market Recap

Sophia Reyes · September 22, 2025 7:36 PM

Market Snapshot for Monday September 22^nd, 2025

S&P 500 – 6,693.75 (+0.44%)

Dow Jones – 46,381.54 (+0.14%)

NASDAQ – 22,788.98 (+0.70%)

Market Performance

US Stocks Edge Higher as Big Tech Leads Wall Street to Third Straight Record

US equities rose on Monday, marking the third consecutive day of record closes as major tech companies drove gains.

The Dow Jones Industrial Average (^DJI) edged up 0.2% to 46,381.54, the S&P 500 (^GSPC) gained nearly 0.5%, and the Nasdaq Composite (^IXIC) led the way with a 0.7% advance.

Nvidia (NVDA) surged to a new record close after announcing plans to invest up to $100 billion in OpenAI over the coming years. Oracle (ORCL) jumped following news that the White House will join a consortium controlling TikTok’s U.S. operations. Tesla (TSLA) also rallied near a 2025 high as investors focused on its self-driving ambitions and upcoming products.

Economic Takeaways –

• The 10-year Treasury note yield (TNX:CGI) eased more than one basis point after last week’s rise. Treasuries may be drawing support from mounting worries about a government shutdown. “In the past, Treasuries have rallied during shutdowns,” said my colleague Jones.

Gold –

• Gold touched an all-time high above $3,750 amid expectations that the Federal Reserve could cut interest rates twice more before year-end.

Oil –

• Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.
• Brent crude oil futures settled 11 cents, or 0.2%, lower at $66.57 a barrel. The global benchmark has traded between $65.50 and $69 since early August.
• S. West Texas Intermediate crude (WTI)contract for October, expiring on Monday, closed down at $62.64 a barrel, down 4 cents, or 0.1%. The more actively traded second-month contract was down 12 cents, or 0.2%, at $62.28.

Crypto –

• Bitcoin (BTC-USD) and other cryptocurrencies fell as traders liquidated over $1.5 billion in bullish bets.

‘Jimmy Kimmel Live!’ Returning Tuesday After Suspension Over Charlie Kirk Remarks, ABC Says

ABC announced Monday that Jimmy Kimmel Live! will return to the air on Tuesday, ending a brief suspension following controversial comments by the host about conservative activist Charlie Kirk’s death.

Disney, which owns ABC, said the pause was intended to “avoid inflaming a tense situation” after Kimmel’s Sept. 15 monologue, in which he criticized Trump supporters for politicizing the incident. After discussions with Kimmel, the network decided to resume production.

The suspension sparked backlash. Nexstar, which owns hundreds of local stations, pre-empted the show, while FCC Chair Brendan Carr threatened possible action. More than 400 Hollywood figures condemned the suspension as a free-speech threat, and demonstrators picketed outside Disney’s Burbank studios. Other late-night hosts, including Seth Meyers, voiced support for Kimmel.

ABC’s decision doesn’t guarantee nationwide broadcasts. Nexstar and Sinclair Inc. may continue blocking the show until conditions such as an apology to Kirk’s family and a donation to Turning Point USA are met.

Trump praised the suspension, framing it as a response to Kimmel’s low ratings rather than government intervention.

Tesla Shares Hit New 2025 Closing High as Bull Run Continues

Tesla (TSLA) shares climbed to a new 2025 closing high on Monday, shrugging off a challenging start to the year as investors focus on the company’s self-driving ambitions.

Tesla stock rose as high as $440 in early trading, up nearly 4%, and ultimately closed up 1.9% at $434.21, surpassing its previous 2025 closing high of $428.22 set on Jan. 15. The stock has now risen in nine of the last ten trading sessions. Over the past month, shares are up more than 30%, fueled by news including CEO Elon Musk’s $1 billion share purchase, a new executive compensation proposal, and plans to expand Robotaxi service beyond Austin, Texas.

Investor optimism was bolstered by Piper Sandler analyst Alexander Potter, who raised his price target on Tesla to $500 from $400 following a visit to China. Potter noted that while Chinese automakers like Xiaomi (1810.HK), Li Auto (LI), and Leapmotor (9863.HK) have surpassed Tesla in assembly capabilities, they still look to Tesla for AI and self-driving guidance. “Without Tesla going from 0 to 1, we can’t go from 1 to 100,” Potter wrote, praising Tesla’s advancements in full self-driving (FSD) technology and projecting a record Q3.

Tesla has pledged to expand its Robotaxi service to Nevada, Florida, and California, though reports indicate the company is far from launching in California. According to Reuters, Tesla has not yet applied for the necessary permits and is currently conducting pre-arranged rides with human drivers under a limousine-style permit, which does not allow on-demand ride-hailing.

Tesla did not immediately respond to requests for comment on the report.

Top Gainers

Several stocks experienced significant gains. Some of the top gainers included:

Metsera, Inc. (MTSR) +60.80%

QMMM Holdings (QMMM) +27.84%

Grupo Financier (GGAL) +21.10%

Banco BBVA Argentina (BBAR) +20.27%

Banco Macro S.A. (BMA) +20.22%

Top Losers

The top US stock losers today, based on percentage change included:

Compass Inc. (COMP) -15.74%

Quantum Computing (QUBT) -13.15%

Opendoor Technologies (OPEN) -12.43%

Bitmine Immersion Technologies (BMNR) -10.10%

Jyong Biotech Ltd. (MENS) -9.28%

Notables

• AI chipmaking machinery producer ASML (ASML) saw shares jump Monday after Morgan Stanley analyst Lee Simpson upgraded its stock to Overweight from Equal-weight, lifting his price target to 950 euros ($1,120) from 600 euros ($707).
• Shares of Constellation Energy (CEG) and fellow nuclear energy company Vistra (VST) surged on Monday following a positive analyst note. Scotiabank’s Andrew Weisel assigned both stocks a Sector Outperform rating. He set a $401 price target for Constellation, which has already climbed more than 50% year to date, and projected Vistra could reach $256 over the next year.
• Nvidia (NVDA) stock soared back toward an all-time high after the company announced it would invest up to $100 billion in OpenAI (OPAI.PVT).
• Oracle (ORCL) shares reversed direction to rise 3% midday as the company was officially named in a new TikTok deal.
• Apple (AAPL) shares touched just over $251 on Monday, their highest level since December 2024, as Wedbush analyst Dan Ives raised his price target on the stock to $310 from $270.
• Metsera stock (MTSR) surged over 60% in premarket trading on Monday on news that Pfizer (PFE) would acquire the weight-loss drug developer in a $7.3 billion deal.

What to Watch Ahead

Investors are looking ahead to Friday’s release of the Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation gauge.

A weak reading could increase expectations for another quarter-point rate cut in October.

Fed Chair Jerome Powell is scheduled to speak Tuesday, alongside commentary from Trump-backed Fed governor Stephen Miran, who on Monday suggested rates should be roughly two percentage points lower.

Markets are also monitoring the potential impact of the Trump administration’s new H-1B visa fees, which could affect firms such as Microsoft (MSFT) and Goldman Sachs (GS).