Wall Street Sets A Two-Day Record, Supported By An Increase In Nvidia And Apple Shares

Illustration. (Photo: Unsplash)

JAKARTA - The United States or Wall Street stock exchange ended trading on Monday, September 22, 2025 local time with an increase in its three main indexes.

According to a Reuters report, Tuesday, September 23, 2025, the Dow Jones Industrial Average index rose 74.36 points, or about 0.16 percent, to 46,389.63.

Meanwhile, S&P 500 rose 29.82 points or 0.45 percent to 6,694.18 and Nasdaq Composite jumped 159.81 points or 0.71 percent to 22,791.29.

Meanwhile, the three indexes recorded a record high closure for two consecutive days.

One of the main drivers of the increase was Nvidia's shares, which rose 3.6 percent after the company announced plans for an investment of up to 100 billion US dollars at OpenAI and this increase made a major contribution to the strengthening of S&P 500 and Nasdaq.

Then, Apple also recorded significant strengthening, with its shares up 3.8 percent. This spike comes after Wedbush revised its rise to Apple's stock price target, following growing demand for the iPhone 17.

Meanwhile, overall, the technology sector in the S&P 500 index has increased by 1.7 percent

Meanwhile, market participants also paid attention to statements from a number of Federal Reserve officials making statements that doubted the need for further rate cuts.

Last week, the US central bank cut interest rates by 25 basis points for the first time since December and indicated further cuts would be made at the upcoming meeting.

Fed St. President Louis Alberto Musalem and Fed Atlanta President Raphael Bostic in a separate statement said that a quarter-point drop in interest rates was the right step to manage the risk of rising unemployment rates.

However, they insist that reducing inflation remains the main focus.

Unlike them, Fed Governor Stephen Miran, who previously opposed the decision to cut a quarter-point and proposed a half-point cut, because monetary policy is currently at the restrictive level.

"We certainly point out to our clients and portfolios that reflect that we are at an all-time high and the valuation is getting higher," said senior vice president and adviser Wealthspire Advisors in Westport, Connecticut Oliver Pursche.

"There needs to be a catalyst for stocks to move up materially, and the market seems to ignore potential barriers," he said.