Market News for September 22, 2026
Every story Market Flux published on September 22, 2026.
- Unusual Volume
KB Home Beats Q3 Earnings Estimates but Cuts Margin Outlook as Housing Market Deteriorates
KB Home reported fiscal third-quarter earnings per share of $1.05, beating the consensus estimate of $0.88 by roughly 19%, but the result still marked a 35% decline from the same period a…
- Top Story
Trump Reveals Three-Hour US-Iran Talks on UN Sidelines, Warns of Obliteration While Predicting Post-Midterm Deal
President Trump disclosed on Tuesday that a U.S. team met with an Iranian delegation for three hours on the sidelines of the UN General Assembly in New York, calling the session "very…
- Market Flux Event
KB Home Q3 Earnings Beat Estimates Despite 20% Revenue Drop as Housing Market Weakens
KB Home posted a third-quarter earnings beat on both the top and bottom lines, though its results reflected a sharply softer housing market compared with a year ago. The homebuilder…
- Most Active
Viking Therapeutics VK2735 Retains Up to 97% of Weight Loss With Reduced Dosing, Stock Surges 30% Plus
Viking Therapeutics reported positive topline results from a maintenance study of its dual GLP-1/GIP agonist VK2735, showing the drug held up to 97% of prior weight loss when patients…
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Celldex CLDX Stock Drops 28% as Phase 3 Barzolvolimab Hives Data Triggers Sell-the-News Reaction Despite Trial Success
Celldex Therapeutics reported positive top-line results Tuesday from its two pivotal Phase 3 EMBARQ-CSU1 and EMBARQ-CSU2 studies of barzolvolimab in adults with chronic spontaneous…
- Most Active
On Holding Surges 13% After Unveiling $1 Billion Buyback and 2029 Growth Targets at First Investor Day
On Holding launched its first-ever share repurchase program and a sweeping set of mid-term financial targets at its 2026 Investor Day in Zurich on September 22, sending shares up as much as…
- Top Mover
Royal Caribbean Nears $3 Billion Deal for 50% Stake in Sandals Resorts Valued at $6 Billion
Royal Caribbean is nearing a deal to acquire a 50% equity stake in Sandals Resorts International for approximately $3 billion, which would value the all-inclusive Caribbean resort chain at…
- Top Mover
JPMorgan Shares Slide 3% to $340 Despite $20B QIA Deal as Dimon Sounds Caution on AI and Oil
JPMorgan Chase stock fell roughly 3% to $340 on Tuesday, making it one of the heaviest drags on the Dow Jones Industrial Average, which lost 162.73 points on the session. The decline came…
- Top Mover
CMS Proposes Up to 15% Medicare Lab Reimbursement Cuts Sending Quest Diagnostics and Labcorp Shares Lower
Quest Diagnostics fell roughly 5-7% in Tuesday trading after the Centers for Medicare and Medicaid Services disclosed it has been overpaying for lab work by approximately 16% compared to…
- Top Mover
Wells Fargo Shares Fall More Than 3% Amid AI Disruption Fears While Its Analysts Move Markets Across Multiple Sectors
Wells Fargo shares dropped more than 3% on Tuesday, September 22, alongside other major financial stocks including JPMorgan, as investors rotated out of banks, insurers, and brokerage firms…
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Piper Sandler Cuts Cisco Price Target to $125, Citing Peaking Growth Concerns as Stock Falls 6%
Cisco Systems shares dropped roughly 5 to 6 percent on Tuesday to around $104.94, making it a notable outlier on a day when the broader technology sector was modestly higher. The Technology…
- Top Mover
Jefferies Cuts Valero and Marathon to Hold as Diesel Export Ban Threat Clouds Refining Outlook
Jefferies downgraded both Valero Energy and Marathon Petroleum from Buy to Hold on September 22, citing a deteriorating refining margin outlook and growing political risks. Jefferies set a…
- Top Mover
CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19, Sending BCH Up 30%
CME Group announced it will add Bitcoin Cash and Uniswap futures to its regulated crypto derivatives lineup on October 19, pending regulatory review, triggering an immediate and sustained…
- Top Mover
CMS Proposes Up to 15% Medicare Reimbursement Cuts for Clinical Labs, Hitting Labcorp and Quest Hard
The Centers for Medicare and Medicaid Services released preliminary 2027 Clinical Laboratory Fee Schedule rates on September 22 proposing annual reimbursement cuts of up to 15% for…
- Top Mover
Jefferies Cuts Marathon Petroleum and Valero to Hold as Diesel Export Ban Threat Clouds Refining Outlook
Jefferies downgraded Marathon Petroleum from Buy to Hold on September 22, setting a price target of $413, citing a deteriorating refining margin outlook. The firm simultaneously cut Valero…
- Top Mover
Bank of America Raises Brent Crude Forecast to $95 and Warns of $150 Oil if Iran War Drags On
Bank of America raised its second-half 2026 Brent crude forecast to $95 per barrel from $83, citing persistent Middle East tensions as the primary driver, and warned that front-month prices…
- Top Mover
Amgen's Dazodalibep Hits Phase 3 Primary Endpoint in Sjogrens Disease Trial
Amgen reported positive top-line results from its Phase 3 OASIZ 301 trial of dazodalibep in patients with moderate-to-severe systemic Sjogren's disease, a chronic autoimmune condition that…
- Top Mover
AutoZone Q4 2026 Profit Surges 15% on EPS Beat but Revenue Falls Short of Estimates
AutoZone reported fiscal fourth-quarter results on September 22, 2026, beating on profit while missing on revenue. Net sales rose 5.6% year over year to $6.6 billion, short of analyst…
- Market Flux Event
Nasdaq 100 Closes at Fresh All-Time High on Tuesday, Up 22% YTD, While S&P 500 Ends Flat and Dow Retreats
The Nasdaq 100 closed at a fresh all-time high on Tuesday, September 22, extending a technology-driven rally into a second consecutive session. The index finished at 27,245.24, up 0.45% or…
- Market Flux Event
Trump Reveals Three-Hour US-Iran Talks on UN Sidelines, Warns of Obliteration While Predicting Post-Midterm Deal
President Trump disclosed on Tuesday that a U.S. team met with an Iranian delegation for three hours on the sidelines of the UN General Assembly in New York, calling the session "very…
- Market Flux Event
US Diesel Prices Top $6.50 a Gallon for First Time as Americans Spend $116 Billion More on Fuel Since March
US retail diesel prices have surpassed $6.50 a gallon for the first time on record, with GasBuddy data showing that 47 of 50 states have now set all-time diesel price records in 2026. The…
- Market Flux Event
Saudi Arabia Restarts East-West Pipeline at Low Capacity After September 11 Drone Attack
Saudi Arabia restarted its East-West Pipeline on Tuesday, September 22, resuming at least partial oil flows through the 4-million-barrel-per-day conduit that serves as the kingdom's primary…
- Market Flux Event
Richmond Fed's Barkin Says Last Week's Rate Hike May Not Be Enough to Curb Inflation
Richmond Federal Reserve President Thomas Barkin warned on September 22 that the Fed's rate hike from the prior week may not be sufficient to bring inflation under control, and that…
- Market Flux Event
Trump Backs Diesel Export Ban as Record Prices Pressure Washington
President Donald Trump said on September 22 that he had called for a ban on U.S. diesel exports, telling reporters he has raised the idea with his team and adding "I've called for that too"…
- Unusual Volume
State Street ETFs See Broad Outflows Across Sectors While XLP Widens Lead Over XLY in 2026
Investors pulled significant capital from several State Street SPDR ETFs in the week ending September 22, 2026, with the flagship SPDR S&P 500 ETF Trust (SPY) recording the largest absolute…
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- Market Flux Event
Anthropic Launches Claude Opus 5.5 at 40% Lower Cost With Fable-Level Performance Ahead of IPO
Anthropic on Tuesday released Claude Opus 5.5, the first model in its new 5.5 family and its most significant launch since CEO Dario Amodei publicly called for an AI slowdown. The model…
- Market Flux Event
Meta's Muse AI Shopping Agent Tops App Charts, Partners With Shopify After Amazon Ban
Meta's new personal AI agent, Muse, has become a viral breakout product, reaching the top of app store charts with strong early reviews and sparking a wave of analyst upgrades that sent…
- Market Flux Event
Meta Muse AI Agent Tops App Store, Sending AMD to Trillion-Dollar Club and Nasdaq to Record
A wave of AI enthusiasm swept through markets on Monday, September 21, after Meta Platforms launched its Muse personal AI agent, which quickly climbed to the top spot on Apple's App Store…
- Top Story
Trump Signs Greenland Security Deal at UNGA While Iran Offers to Reopen Strait of Hormuz in Seven Days
President Trump signed a landmark security agreement with Denmark and Greenland on the sidelines of the United Nations General Assembly on September 22, ending a prolonged standoff over the…
- Market Flux Event
Trump and Denmark Sign Historic Greenland Security Deal at UNGA, Allowing Two New US Military Sites
President Donald Trump signed a security agreement with Denmark and Greenland on the sidelines of the United Nations General Assembly on September 22, granting the United States what Trump…
- Market Flux Event
Abu Dhabi's XRG in Talks to Buy Stake in Shell-Led LNG Canada Project
Abu Dhabi's XRG, the international investment arm of state oil company ADNOC, is exploring an acquisition of a stake in LNG Canada, the Shell-led liquefied natural gas export project on…
- Market Flux Event
Nasdaq Notches New All-Time High as Oil Prices Slide on Iran Diplomacy Hopes
Wall Street extended its rally on Tuesday, September 22, with the Nasdaq Composite notching a new all-time high and the Dow Jones Industrial Average edging higher as oil prices fell sharply…
- Unusual Volume
Viking Therapeutics Surges Up to 36% After VK2735 Maintains 90-97% of Weight Loss at Reduced Dosing Frequencies
Viking Therapeutics reported positive topline results from a maintenance study of VK2735, its dual GLP-1/GIP receptor agonist, showing that patients who had lost roughly 16% to 19% of body…
- Top Story
Trump Urges Iran Deal at UN While Calling for Global Economic Isolation of Tehran
President Donald Trump addressed the 81st session of the United Nations General Assembly on Tuesday, defending the US war in Iran and issuing a direct call for a negotiated settlement while…
- Market Flux Event
Trump Addresses UN General Assembly Vowing to Reshape the World on His Terms
President Donald Trump delivered his address to the United Nations General Assembly in New York City on Tuesday, September 22, telling world leaders he is reshaping the world to America's…
- Top Story
Brent Crude Falls Below $100 as Saudi Pipeline Restarts and Iran Offers to Reopen Hormuz Within a Week
Oil prices tumbled roughly 3 percent on Tuesday, pushing Brent crude below $100 a barrel for the first time since the U.S.-Iran conflict began, after two simultaneous supply-side…
- Market Flux Event
Alibaba Unveils Zhenwu V900 Chip and Qwen3.8-Max Model in $53 Billion AI Push
Alibaba rolled out what it is calling China's most powerful AI chip, the Zhenwu V900, developed by its T-Head semiconductor unit, while also revealing its latest flagship AI model…
- Market Flux Event
Meta Muse AI Agent Surges in Popularity, Adds $192 Billion in Market Cap and Lifts Nasdaq to Record
Meta Platforms gained roughly $192 billion in market capitalization on Monday after its new personal AI agent, Muse, drew widespread consumer enthusiasm and soaring download numbers. Meta…
- Market Flux Event
Trump and Xi Summit Carries Low Business Expectations as Taiwan and AI Dominate the Agenda
President Trump and Chinese President Xi Jinping are meeting at a closely watched Washington summit, but expectations for concrete business results are muted. The Wall Street Journal…
- Market Flux Event
Trump Urges Iran Deal at UN While Calling for Global Economic Isolation of Tehran
President Donald Trump addressed the 81st session of the United Nations General Assembly on Tuesday, defending the US war in Iran and issuing a direct call for a negotiated settlement while…
- Market Flux Event
Saudi Arabia Restarts East-West Pipeline and Iran Offers to Reopen Hormuz Within Seven Days, Sending Oil Prices to Two-Week Low
Oil prices fell sharply on Tuesday, reaching their lowest level in two weeks, after Saudi Arabia began restarting its East-West pipeline and Iran signaled it could reopen the Strait of…
- Top Story
Bitcoin Surges to Highest Level Since January as Spot ETFs Pull in Nearly $1 Billion in a Single Day
Bitcoin climbed as high as $87,363 on September 22, its strongest price since January 2026, before consolidating near $86,000. The advance pushed the total crypto market capitalization back…
- Market Flux Event
CME Group to launch Bitcoin Cash and Uniswap futures on October 19
CME Group will add Bitcoin Cash (BCH) and Uniswap (UNI) futures to its regulated crypto derivatives lineup, with the launch set for October 19. The move widens CME's altcoin offerings…
- Market Flux Event
Bitcoin Surges to Highest Level Since January as Spot ETFs Pull in Nearly $1 Billion in a Single Day
Bitcoin climbed as high as $87,363 on September 22, its strongest price since January 2026, before consolidating near $86,000. The advance pushed the total crypto market capitalization back…
- Market Flux Event
Binance Takes $100M Equity Stake in Circle in Five-Year USDC Promotion Deal
Binance has acquired a roughly $100 million equity stake in Circle Internet Group, the issuer of the USDC stablecoin, while simultaneously entering a five-year commercial agreement to…
- Market Flux Event
BofA Raises Brent Crude Forecast to $95 as US-Iran Diplomacy Rattles Oil Markets
Oil markets swung in both directions on September 22 as traders weighed the prospect of US-Iran diplomatic talks against persistent Middle East tensions, with Bank of America delivering the…
- Market Flux Event
Brent Crude Falls Below $100 as Saudi Pipeline Restarts and Iran Offers to Reopen Hormuz Within a Week
Oil prices tumbled roughly 3 percent on Tuesday, pushing Brent crude below $100 a barrel for the first time since the U.S.-Iran conflict began, after two simultaneous supply-side…
- Market Flux Event
Trump and Xi Meet in Washington as Investors Navigate AI Divide and Persistent Tariff Uncertainty
Presidents Donald Trump and Xi Jinping held their second face-to-face summit of 2026 in Washington, with markets watching closely for any movement on trade, artificial intelligence…
- Market Flux Event
Trump-Xi Washington Summit Sparks AI Stock Rally as Both Sides Signal Desire to Steady Ties
President Donald Trump and Chinese leader Xi Jinping convened in Washington for their second summit of the year, with officials from both sides offering upbeat assessments of preparatory…
- Market Flux Event
Iran Offers to Reopen Strait of Hormuz Within Seven Days if US Lifts Port Blockade
Iran has proposed reopening the Strait of Hormuz within seven days if the United States takes initial steps to end its military blockade of Iranian ports and halt military operations around…
- Market Flux Event
Dollar Holds Near Seven-Week Highs as Yen Slides for Third Day and Sterling Weakens
The U.S. dollar remained firm near seven-week highs on September 22, underpinned by expectations that the Federal Reserve will continue raising interest rates, putting broad pressure on…
- Market Flux Event
Trump Signs Greenland Security Deal at UNGA While Iran Offers to Reopen Strait of Hormuz in Seven Days
President Trump signed a landmark security agreement with Denmark and Greenland on the sidelines of the United Nations General Assembly on September 22, ending a prolonged standoff over the…
- Market Flux Event
Alibaba Unveils New AI Chip and Plans Qwen Model With Up to 10 Trillion Parameters
Alibaba announced plans to train a next-generation AI model with 5 to 10 trillion parameters, a scale that would far exceed its existing Qwen lineup. The announcement came from Alibaba CEO…
- Market Flux Event
Trump and NYC Mayor Mamdani Hold Hour-Long Meeting at Gracie Mansion on Immigration and Housing
President Donald Trump and New York City Mayor Zohran Mamdani met for about an hour at Gracie Mansion on Monday, their third meeting in roughly 12 months and the first time a sitting…
- Market Flux Event
Trump-Xi Washington Summit Spurs S&P 500 Best Day Since August as Trade Talks Enter Second Day
Presidents Donald Trump and Xi Jinping are set to meet at the White House this week for their second face-to-face summit of 2026, with U.S. and Chinese officials holding a second day of…