Today: 20 March 2026
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NYSE:FHN 28 September 2025 - 16 October 2025

First Horizon (FHN) Stock Shocker: CEO’s Merger Hint Sends Shares Tumbling 13%

First Horizon (FHN) Stock Shocker: CEO’s Merger Hint Sends Shares Tumbling 13%

First Horizon shares plunged 13% to about $20 on Oct. 15, 2025, the steepest drop since May 2023, after M&A comments on its earnings call. The bank beat Q3 expectations with adjusted EPS of $0.51 and $889 million in revenue. Analysts raised some price targets but trimmed others; consensus sits near $25.3. FHN’s drop contrasted with a rally in other U.S. bank stocks that day.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

The Federal Reserve cut rates by 25 basis points to 4.00–4.25% in mid-September, citing slowing growth as inflation remains above target. The S&P 500 is up about 13% in 2025, but strategists warn valuations are high. Compass agreed to buy Anywhere for $4.2 billion in stock, sending Anywhere shares up nearly 49%. The U.S. implemented a new auto trade pact with the EU, lowering tariffs to 15% as of August 1.

Stock Market Today

  • US Stock Market Drops Sharply Amid Middle East Tensions and Energy Concerns
    March 20, 2026, 12:17 PM EDT. The US stock market fell sharply as geopolitical tensions in the Middle East intensified. The Dow Jones Industrial Average dropped 234 points to 45,787.01, the S&P 500 slid 0.85% to 6,550.12, and the Nasdaq plunged 1.26% to 21,812.80. Investors moved into risk-off mode amid US-Iran conflict escalations and increased US military deployments, driving widespread selling. Energy infrastructure attacks raised supply disruption fears, further pressuring markets. The Nasdaq's larger decline reflects tech stocks' sensitivity to uncertainty. The sell-off points to a shift in investor sentiment amid rising global uncertainty, energy market volatility, and surging bond yields. Market participants now question whether this dip signals a deeper correction or a temporary pullback.
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