Market closes higher Sept 15, with tech stocks leading gains

Index Closes

• S&P 500: 6,615.28 +0.39%
• Nasdaq Composite: 22,348.75 +0.84%
• Dow Jones Industrial Average: 45,883.45 −0.03%

Sector Moves

• Technology led gains, lifting the S&P and Nasdaq.
• Consumer staples weighed on the Dow.

Top Gainers / Losers

• TSLA jumped after Elon Musk disclosed a large share purchase.
• GOOGL surged, pushing its market cap to $3T.
• NVDA slipped on reports of a Chinese anti-monopoly probe.

Upgrades / Downgrades

• Micron Technology (MU) – Upgrade driven by AI demand
  Analysts highlighted strength in memory demand from AI infrastructure, supporting higher revenue visibility.
• Wendy’s (WEN) – Negative revisions
  Sales softness prompted a cautious stance; analysts see limited near-term catalysts.

Macro & Headlines

• S&P 500 and Nasdaq touched intraday record highs ahead of this week’s Fed meeting.
• Markets expect a 25 bps Fed rate cut, while U.S.–China trade tensions remain in focus after new regulatory scrutiny of NVDA.

Summary:
Stocks ended mixed, with the S&P 500 and Nasdaq posting fresh highs on tech strength, while the Dow was flat. Optimism about a Fed rate cut kept sentiment positive despite regulatory headlines out of China.