📈 Sep 21 — Daily Stock Market Headlines 🚀

Most important finance news at a glance for busy investors

from Finviz.com


🔸 S&P 500 -1.71% Nasdaq -1.79% ➡️ As expected, Federal Reserve boosts another 75 basis points, bringing it to 3% — 3.25%, the highest point since 2008

🔸 Russia-Ukraine War ➡️ Russia president Putin announced ‘partial military mobilization’ and called up 300,000 reservists for the war.

🔸 Bond, Treasury Yield ➡️ 2-year Treasury surges above 4.1%, the highest since 2007.

  • 2-year Treasury is now higher than the 10-year Treasury (3.64%), which is a popular indicator of a recession


🔸 Crypto ➡️ Nasdaq plans to launch a crypto custody service as the company sees increasing digital currencies demand.

🔸 Crypto ➡️ FTX is in talks with investors to raise $1B which would value the company at $32B.

🔸 F ➡️ Ford stock lost 12% as it faces an extra $1B inflation-related supplier costs.

  • Up to 45k vehicles, mostly trucks and SUVs have been impacted.

🔸 Meta (META) ➡️ Meta reportedly set plans for 10% cost cuts and gave some workers a month to find a new role at the company.

🔸 Salesforce (CRM) ➡️ Salesforce announced a revenue target of $50B for 2026, representing ~17% compound annual growth.

  • The forecast revenue for fiscal 2023 is $31B, presenting exactly ~17% growth from $26.5B in fiscal 2022.
  • The company also aims for a 25% operating margin in 2026.



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