Friday, September 26, 2025

The Daily Market Flux - Your Complete Market Rundown (09/26/2025)

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Here is Your Complete Market Rundown (09/26/2025)

Geopolitics Events

Trump Shakes Global Markets with New Tariffs on Drugs, Trucks, and Furniture

President Donald Trump has unleashed a new wave of tariffs, targeting pharmaceuticals, heavy-duty trucks, furniture, and semiconductors. The most significant announcement is a 100% tariff on branded and patented drugs, set to begin next week unless drug makers build factories in the U.S. This move has sent shockwaves through global markets and raised concerns among pharmaceutical companies worldwide.

Netanyahu Faces Mass Walkout at UN, Defiantly Vows to 'Finish the Job' in Gaza as Trump Hints at Deal Progress

In a dramatic scene at the United Nations General Assembly, Israeli Prime Minister Benjamin Netanyahu faced a significant walkout and heckling as he took the podium to address world leaders. Dozens of delegates from multiple nations exited the hall in protest, leaving it largely empty.

US-China TikTok Deal Sparks Uncertainty as US Takes Control

China urges fair treatment from the US regarding TikTok, while remaining quiet after Trump's deal declaration. The new agreement gives US entities majority ownership and control of TikTok.

Trump Anticipates More Indictments Following Comey Charges

President Trump responds to James Comey's indictment, expressing hope for more charges.

Trump Issues Controversial Medical Advice on Tylenol and Childhood Vaccinations

President Trump issued a series of controversial medical recommendations on Truth Social. He advised pregnant women against using Tylenol unless absolutely necessary and cautioned parents not to give it to young children.

Zelensky Seeks Tomahawk Missiles from Trump to Pressure Putin

Ukrainian President Zelensky has requested Tomahawk missiles from President Trump, aiming to pressure Putin into peace negotiations.

Trump Boasts of Economic Strength and Falling Prices

President Trump repeatedly touts the strength of the economy, emphasizing great economic numbers and declining prices.

Trump Administration Mulls Chip-Based Tariffs on Foreign Electronics

The Trump administration is reportedly considering implementing tariffs on foreign electronic devices.

Trump Signals Openness to Expanded Weapons Support for Ukraine, Makes No Firm Commitments

President Trump reportedly told Ukrainian President Zelensky he's open to providing new long-range weapons and potentially lifting restrictions on their use inside Russia. This occurred during a meeting earlier this week.

Trump Stands Firm on Potential Government Shutdown, Considers Ukraine's Missile Request

As a government shutdown looms, President Trump's stance remains firm: "If government has to shut down, it will shut down." The key sticking point in negotiations remains unclear, but the impact on federal services is a growing concern.

Trump-TikTok Deal Splits Profits, Addresses Security Concerns

Trump's TikTok deal reveals ByteDance will retain about 50% of U.S. profits. This compromise balances national security concerns with business realities.

White House Exempts Allies from New Pharmaceutical Tariffs, Pressures Others to Negotiate

The White House has announced that President Trump's new pharmaceutical tariffs will not apply to countries with existing negotiated trade agreements containing drug provisions. This exemption includes nations like the European Union and Japan.

China's Premier Confident in Economic Growth, Calls for Multilateralism Amid Global Turbulence

China's Premier Li expresses confidence in maintaining sustained economic growth, emphasizing China's role in supporting global economic expansion. He advocates for true multilateralism and peaceful resolution of conflicts through dialogue.

Kremlin Condemns NATO Threats to Down Russian Jets as Dangerous Escalation

The Kremlin strongly condemns NATO countries' threats to shoot down Russian jets near Russian borders.

French PM Unveils Budget Strategy, Balancing Cuts and Public Support

French Prime Minister Sebastien Lecornu is navigating a delicate political landscape as he unveils plans for the 2026 budget. In a bold move, Lecornu announced that the budget would be rebuilt from scratch, with a focus on reducing spending.

Trump Plan Proposes Full Tariffs on U.S. Drugs to Britain

President Trump's latest plan proposes 100% tariffs on U.S. pharmaceuticals imported to Britain, according to sources and Reuters reports.

Netanyahu Touts Military Successes in UN Address Amid Gaza War Criticism

Netanyahu addresses the UN General Assembly as Israel faces global isolation over the Gaza war. He claims significant victories against Hamas, Houthi, and Hezbollah forces.

China's Central Bank Pushes for Economic Stability and Growth Measures

The People's Bank of China calls for strengthening housing market stability and boosting consumer spending. It emphasizes a unified approach to economic policies and increased support for foreign trade.

Trump Calls for Microsoft to Oust Global Affairs President

President Trump demands Microsoft fire Lisa Monaco, their global affairs president.

Trump Calls Indicted Ex-FBI Chief Comey 'Dirty Cop', Hints at More Prosecutions

Former FBI Director James Comey has been indicted on charges of making false statements and obstruction. The Department of Justice filed the criminal case against Comey, accusing him of lying to Congress.

Trump Signals Imminent Gaza Deal, Promising Hostage Release and War's End

President Trump announces a potential breakthrough in Gaza negotiations. He expresses confidence in an imminent deal that would secure the release of hostages and bring an end to the ongoing conflict.

Ukraine's Missile Request and EU's Drone Defense Plans Escalate European Tensions

Ukraine's covert request for Tomahawk missiles from the U.S. marks a significant escalation in the ongoing conflict, potentially bringing Moscow within range and straining U.S.-Russia relations.

Supreme Court Upholds Trump's Foreign Aid Freeze

The US Supreme Court has allowed President Trump to maintain a freeze on expiring foreign aid.

Macro Events

Trump Shakes Global Markets with New Tariffs on Drugs, Trucks, and Furniture

President Donald Trump has unleashed a new wave of tariffs, targeting pharmaceuticals, heavy-duty trucks, furniture, and semiconductors. The most significant announcement is a 100% tariff on branded and patented drugs, set to begin next week unless drug makers build factories in the U.S. This move has sent shockwaves through global markets and raised concerns among pharmaceutical companies worldwide.

U.S. Core Inflation Holds Steady as Consumer Spending Surpasses Expectations

Goldman Sachs economists forecast a slight decrease in August's Core PCE, with ongoing tariffs contributing to inflation. Economic indicators released today show mixed results.

Stocks Rally as Inflation Data Sparks Fed Rate Cut Hopes; Boeing Soars While Tech Giants Falter

The stock market experienced a rally today, with the Dow, S&P 500, and Nasdaq all rising as the PCE inflation data met expectations. This data fueled bets on potential Fed rate cuts, leading to a recovery in major indices. The Dow Jones surged by 196.02 points (0.43%), the S&P 500 increased by 13.15 points (0.20%), and the Nasdaq climbed 13.24 points (0.06%) after the market open.

Fed's Bowman Advocates Gradual Rate Approach Amid Rising Inflation and Labor Market Concerns

Federal Reserve Governor Michelle Bowman made several statements today regarding monetary policy and economic conditions. She expressed a preference for a gradual approach to interest rate changes and noted that the neutral rate is now higher than pre-pandemic levels, estimating it at around 3%.

Fed's Barkin Highlights Economic Uncertainties and Real-Time Monitoring

Fed's Barkin emphasizes the uncertainty surrounding future inflation and unemployment trends. He stresses the importance of real-time economic reactions over the neutral rate for policy decisions.

Euro Zone Consumers Raise Inflation Expectations, ECB Survey Indicates

ECB's Consumer Expectations Survey reveals a rise in inflation outlook for August.

Consumer Spending Surge Signals Robust U.S. Economy Despite Concerns

U.S. consumer spending surged in August, surpassing forecasts and demonstrating resilience despite inflation concerns. The robust spending indicates a strong economy, with consumers shaking off worries about inflation, jobs, and tariffs.

Consumer Sentiment Dips as Inflation Expectations Show Mixed Signals

U.S. Michigan Consumer Sentiment falls to 55.1 in September, below expectations of 55.4.

Trump Administration Mulls Chip-Based Tariffs on Foreign Electronics

The Trump administration is reportedly considering implementing tariffs on foreign electronic devices.

Fed Vice Chair Pushes for Smaller Balance Sheet and Policy Overhaul

Federal Reserve Vice Chair Michelle Bowman has called for a significant overhaul of the central bank's monetary policy implementation. She advocates for the smallest possible balance sheet, with reserves closer to scarcity than abundance.

Atlanta Fed Boosts Q3 GDP Forecast as Fed Governor Calls for Policy Shift

The U.S. economy shows signs of strength as the Atlanta Fed's GDPNow forecast for Q3 jumps to 3.9%, up from 3.3% previously. This significant increase suggests robust economic growth.

Spanish Economy Outperforms Expectations with Strong Q2 GDP Growth

Spain's Q2 GDP surpasses expectations, showing robust growth.

Trump Plan Proposes Full Tariffs on U.S. Drugs to Britain

President Trump's latest plan proposes 100% tariffs on U.S. pharmaceuticals imported to Britain, according to sources and Reuters reports.

UN Security Council Rejects Iran Sanctions Relief Extension, Snapback Imminent

The UN Security Council has rejected a bid to extend Iran sanctions relief, with Russia and China's push for a 6-month delay failing. Sanctions are set to snap back into place following the vote.

Bank of England's Dhingra Pushes for Faster Rate Cuts, Downplays Inflation Concerns

Bank of England policymaker Swati Dhingra advocates for faster interest rate cuts in a Times op-ed. She argues that inflation is not a major concern and predicts the shocks driving high inflation will fade.

China's Central Bank Pushes for Economic Stability and Growth Measures

The People's Bank of China calls for strengthening housing market stability and boosting consumer spending. It emphasizes a unified approach to economic policies and increased support for foreign trade.

Canadian Economy Rebounds with Unexpected GDP Growth in July

Canada's economy shows signs of recovery as GDP grows 0.2% in July, ending a four-month decline. Statistics Canada reports this growth surpasses expectations of 0.1%.

Italian Consumer Confidence Surges, Manufacturing Sentiment Dips

Italy's consumer confidence index rises to 96.8 in August, surpassing estimates of 96.5 and previous 96.2.

Fed Official Signals Inflation Progress, Calls for Rate Cuts Amid Labor Concerns

Fed's Bowman declares inflation target within range, but warns of rising labor market risks.

Crypto Events

Crypto Market Tumbles $300 Billion as Bitcoin and Ethereum Struggle to Hold Key Levels

The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum leading the plunge. Bitcoin fell below $110,000, while Ethereum dipped under $4,000 before both managed to reclaim these key levels. The overall crypto market shed approximately $300 billion in value, marking the harshest selloff in months.

SoftBank and Ark Eye Major Investment in Tether's Funding Round

SoftBank and Ark are in discussions to invest in a significant funding round for Tether. This potential investment could solidify Tether's position as one of the world's largest private companies.

Technology Events

AI Bubble Dominates Market as Nvidia-OpenAI Deal Sparks Debate and Stock Movements

The AI bubble dominates today's financial news, with Adobe emerging as an underdog with potential for rebound. NVIDIA's competitive position in semiconductors is under scrutiny, while Micron leverages data centers and AI for growth.

Apple Develops ChatGPT-Style App for Siri Testing, Keeps it In-House

Apple is developing a ChatGPT-like app to test a revamped version of Siri.

Anthropic Unveils Ambitious Global AI Expansion Strategy

Anthropic announces major global expansion plans in enterprise AI.

Corporate Actions Events

Electronic Arts Nears Historic $50 Billion Private Buyout Deal, Stock Surges

Breaking news in the gaming industry as Electronic Arts (EA), the videogame giant, is reportedly on the verge of a massive deal to go private. According to multiple sources, including the Wall Street Journal, EA is nearing an agreement valued at approximately $50 billion.

Kraken Seeks Funding at $20 Billion Valuation, Eyes Potential IPO

Kraken, the crypto exchange, is reportedly in advanced discussions to secure new funding. This capital raise could potentially value the company at approximately $20 billion.

Life Insurance Tech Firm Ethos Files for IPO, Aims for Nasdaq Listing

Ethos Technologies, a life insurance tech firm, has filed for an initial public offering (IPO) in the United States.

Oil And Gas Events

US Oil Rig Count Rises as Drillers Respond to Higher Prices

The US Baker Hughes oil rig count increased to 424 from 418 previously. Total rig count rose to 549, with gas rigs slightly decreasing to 117.

Oil Industry Grapples with Oversupply Concerns and Rising Shipping Costs

The oil industry faces challenges as a potential glut looms and investors make demands.

Russian Fuel Crisis Sparks Oil Price Rally Amid Refinery Attacks and Export Cuts

Russian diesel and gasoil shipments recovered despite ongoing Ukrainian drone attacks on refineries. Oil prices, including Brent, rallied as geopolitical risks increased.

Kurdish Oil Exports to Resume via Iraq-Turkey Pipeline, Vitol Eyes Deals

Iraq-Turkey pipeline set to resume Kurdish oil exports following an agreement. Vitol engages in talks for Iraqi crude sales upon restart.

Healthcare Events

Pharmaceutical Giants Make Waves with Drug Approvals, Cancer Detection, and Discounts

The FDA has expanded the use of Regeneron's Evkeeza to treat infants with a rare cholesterol disorder. Merck's oncology portfolio received a boost with QLEX approval, while Pfizer is intensifying its focus on the obesity market.

Sanofi Caps Insulin Prices at $35 Monthly for All Americans

Sanofi announces a groundbreaking expansion of its insulin affordability program in the US.

Pharma Industry Sees Ups and Downs as Cancer Drug Approvals Spark Debate

Merck's oncology portfolio receives a boost with QLEX approval, driving stock surge. The pharmaceutical industry sees mixed developments.

Misc Events

FAA Eases Restrictions on Boeing Aircraft Deliveries, Boosting Stock

The Federal Aviation Administration (FAA) is set to relax rules on Boeing aircraft deliveries, particularly for the 737 MAX model.

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