Stock Market Update – September 24, 2025
Welcome to Wednesday’s stock market update. As we dive into today’s happenings, it seems like the market might be leaning slightly downward overall, but there are still some individual stocks making significant moves.
For those tracking stocks with market caps above $2 billion on Finviz, let’s take a look at some noteworthy movements: UniQure is skyrocketing (+241%) after sharing promising results from its Huntington’s disease gene therapy trial. Other biotech and IT service stocks, like Cidara Therapeutics and Fluence Energy, are also showing upward trends.
In contrast, some stocks are struggling. Worthington Enterprises has dropped by 14%, while Bloom Energy and Freeport-McMoRan are down by 11%. It’s evident that the performance is mixed as we approach midday.
Looking at major indices, the Russell 2000 is down 0.12%, the Dow is also down 0.12%, the S&P 500 has dipped by 0.13%, and the Nasdaq is slightly lower at -0.15%. It’s not a huge dip, but it’s enough to put things in the red.
This afternoon, we’re expecting a mix of company updates and economic data. Notably, Lithium America is grabbing attention with a sharp rise of 98%. Their stock surged following news that the Trump administration is backing lithium miners, which may indicate a focus on increasing domestic lithium production.
Meanwhile, markets are currently in motion, with the Nasdaq up 0.26%, Dow up 0.24%, and S&P 500 up 0.18%. The Russell 2000 is also seeing slight gains today.
Additionally, Micron’s recent earnings report has boosted investor confidence, and Alibaba has announced increased investments in AI, suggesting that the tech sector may not be slowing down despite other challenges in the market.
Throughout the day, look out for mortgage rate data from the Home Loan Banks Association, along with new home sales and building permits data for August. These figures could hint at the housing market’s response to recent interest rate adjustments.
To wrap up today’s updates, keep an eye on numerous earnings reports set to be released, including those from Cintas Corporation and Uranium Energy Corp. Tonight, we’ll also receive updates from homebuilder KB Home and adhesive manufacturer HB Fuller.
