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investingLive Americas FX news wrap 21 Sept: Nasdaq closes at a record,oil slides, Fed officials discuss more hikes

Fed's Collins pencils in second hike this year, then expects rates on hold in 2027Nasdaq Composite closes at a record as Meta and chip stocks surgeTrump proposes USD 5 billion fund to help rebuild Gulf energy sites — WSJSt. Louis Fed’s Musalem: Interest rates likely need to rise further to tame infl

Why it matters

META · Why linked: Meta was explicitly cited as a key driver of the Nasdaq's record close amid chip-stock surge. Market context: Strong close on heavy volume suggests continued upside momentum for the stock.

CL (Crude Oil (WTI)) · Why linked: Oil slid in the session, weighing on energy names and reflecting demand or supply-side dynamics. Market context: Declining crude prices reduce revenue outlooks for energy producers and signal softer near-term demand.

SPY (SPDR S&P 500 ETF) · Why linked: Fed officials discussing additional hikes and broad risk-on moves affect the broad U.S. equity benchmark. Market context: Mixed signals from Fed officials on more hikes could cap upside, even as risk assets rallied.

TLT (20+ Year Treasury) · Why linked: Fed's Collins penciled in another hike this year and sees rates on hold only in 2027, pressuring duration. Market context: Hawkish-leaning Fed commentary tends to push long-end yields higher and weigh on long-duration Treasuries.

How CL, SPY, TLT usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
CL110+2.98%35%
SPY10+0.67%70%
TLT10+0.57%60%

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How the reaction data is measured · Editorial policy