Today: 29 June 2026
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NYSE:KMX 25 September 2025 - 17 June 2026

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

Nasdaq Surges Amid AI Frenzy and Fed Optimism – EA Skyrockets on $50B Buyout Buzz

The Nasdaq Composite closed at 22,484.07 on Sept. 26, up 0.44% for the day but down about 0.7% for the week. Electronic Arts surged 15% on reports of a $50 billion go-private deal, while CarMax plunged 20% after missing Q2 estimates. Navan and Lendbuzz filed for Nasdaq IPOs amid renewed tech IPO activity. Investors await major tech earnings in early October, focusing on AI demand.
Nasdaq Stumbles as Fed Jitters Mount, Intel Soars, Tariffs Rattle Tech Markets

Nasdaq Stumbles as Fed Jitters Mount, Intel Soars, Tariffs Rattle Tech Markets

U.S. stocks fell for a third straight session Thursday, with the Nasdaq down 0.5% to 22,384.70, erasing recent record highs. Strong economic data—including a Q2 GDP revision to 3.8% and lower jobless claims—pushed Treasury yields and the dollar higher, fueling doubts about near-term Fed rate cuts. Intel surged 9% on investment reports, while Oracle dropped 5% after a “Sell” rating. Trump announced sweeping new tariffs, rattling global pharma stocks.
Wall Street’s Wild 48 Hours: NYSE Hit by Fed Jitters, Tariff Shocks & Earnings Surprises

Wall Street’s Wild 48 Hours: NYSE Hit by Fed Jitters, Tariff Shocks & Earnings Surprises

U.S. stocks fell for a third straight session, with the Dow closing at 45,947 on Thursday and the S&P 500 and Nasdaq each down about 0.5%. President Donald Trump announced new tariffs, including 100% duties on imported branded pharmaceuticals, rattling global healthcare stocks. Weekly jobless claims dropped to 218,000, and Q2 GDP was revised up to 3.8%, dampening hopes for aggressive Fed rate cuts.
Hot GDP Surprise Shatters Wall Street’s Rally – Stocks Slide on Fed Jitters (Sept 25, 2025)

Hot GDP Surprise Shatters Wall Street’s Rally – Stocks Slide on Fed Jitters (Sept 25, 2025)

U.S. stocks fell for a third straight session Thursday, with the S&P 500 and Nasdaq down about 0.5% and the Dow off 0.4%. Strong GDP and jobless data fueled doubts over Fed rate cuts, pressuring markets. Health care stocks slumped after a medtech import probe; Intel jumped 9% on Apple stake rumors. Amazon agreed to pay $2.5 billion to settle an FTC lawsuit over Prime memberships.

Stock Market Today

  • Australian Shares Rise as U.S. Futures Gain, China Reports Strong Industrial Profits
    June 28, 2026, 9:58 PM EDT. Australian shares nudged higher by 0.2% to 8,778 points in early Monday trade, buoyed by gains in U.S. futures following a U.S.-Iran agreement to pause hostilities ahead of peace talks. China, Australia's top trading partner, reported an 18.8% year-over-year surge in industrial profits for January-May, driven by an AI investment boom and policy backing. Despite this, investors remain cautious ahead of China's Purchasing Managers' Index (PMI) data and the Reserve Bank of Australia's June meeting minutes, amid concerns about potential hawkish monetary policy due to strong employment numbers. Gains were led by commercial services, consumer services, and healthcare sectors, with Xero Ltd up 4.6% and REA Group rising 2.3%. Two of the four major banks also recorded modest increases.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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