Nasdaq Extends Record Run Amidst Wall Street Gains Ahead of Fed Rate Decision.

Nasdaq Composite has extended its record run, posting weekly gains ahead of the Fed rate decision. The index rose despite the suspension of trading in Ostin Technology. Dovish policy expectations lifted consumer discretionary and technology sectors. Nasdaq has also terminated an employee over social media posts on the Charlie Kirk shooting. Meanwhile, Gemini Space Station shares rose in their Nasdaq debut, valuing the crypto exchange at $4.4 billion.

The Nasdaq Composite has extended its record run, posting weekly gains ahead of the Federal Reserve's policy decision scheduled for next week. Despite the suspension of trading in Ostin Technology Group Co., Ltd., the index rose, driven by expectations of a dovish policy stance from the central bank. The technology-heavy index climbed 0.4% to 22,141.1, a fresh record closing high, while the Dow Jones Industrial Average fell 0.6% to 45,834.2 and the S&P 500 edged down 0.1% to 6,584.3 Nasdaq Extends Record Run as Wall Street Posts Weekly Gains Ahead of Fed Rate Decision^[1].

The week saw the Nasdaq rise by 2% and the S&P 500 add 1.6%, both posting back-to-back weekly gains. The Dow advanced nearly 1%, its first weekly increase in the past three weeks. Most sectors ended in the red, led by health care, while consumer discretionary and utilities saw the biggest gains. The Federal Open Market Committee is widely expected to lower its benchmark lending rate by 25 basis points on Wednesday, according to the CME FedWatch tool Nasdaq Extends Record Run as Wall Street Posts Weekly Gains Ahead of Fed Rate Decision^[1].

Trading in Ostin Technology Group Co., Ltd. was halted on September 12, 2025, at 12:24:23 Eastern Time for additional information requested by Nasdaq. The last sale price of the company’s ordinary shares was $1.695 Nasdaq Halts Ostin Technology Group Co., Ltd.^[2].

In company news, Warner Bros. Discovery (WBD) shares surged nearly 17%, the top gainer on the S&P 500, following a roughly 29% jump in the previous session. Meanwhile, Tesla (TSLA) was the third-best performer on the S&P 500, up 7.4%, while Microsoft (MSFT) and Apple (AAPL) led the Dow with a 1.8% gain each. RH (RH) shares slumped 4.6% after the home furnishing retailer lowered its full-year revenue growth outlook amid persistent tariff-related uncertainties Nasdaq Extends Record Run as Wall Street Posts Weekly Gains Ahead of Fed Rate Decision^[1].

West Texas Intermediate crude oil was up 0.3% at $62.57 a barrel in late-afternoon trade, while gold increased 0.3% to $3,684.10 per troy ounce and silver rose 1.2% to $42.65 per ounce Nasdaq Extends Record Run as Wall Street Posts Weekly Gains Ahead of Fed Rate Decision^[1].

Gemini Space Station shares rose in their Nasdaq debut, valuing the crypto exchange at $4.4 billion. Additionally, Nasdaq has terminated an employee over social media posts related to the Charlie Kirk shooting.