The US stock market fell for a third day in six months, with major indexes posting declines. Oracle’s stock dropped 5.6% after selling bonds to finance AI projects. CarMax shares plummeted 20% due to weak quarterly results from the auto sector.
President Trump signed an executive order for American investors to take control of TikTok’s US operations. The move sets the stage for finalizing a deal. Bond yields rose, with the 10-year Treasury yield at 4.172%. Intel saw significant gains after approaching Apple for investment, while platinum prices reached new highs for the year.
In other economic news, weekly jobless claims decreased, and monthly durable goods orders increased due to a surge in aircraft orders.
Source: https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-25-2025