Nasdaq 100 Flirts with Records, Oil Sinks for Fifth Day: Stock Market Today
Nasdaq 100 printed an intraday record on AI enthusiasm while financials slid nearly 2% and crude fell for a fifth straight session.
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30-year mortgage rates hit 7.12%, the highest since 2024. KB Home, Rocket and the ITB homebuilder ETF slip, giving back part of Tuesday's rally.
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Nasdaq 100 printed an intraday record on AI enthusiasm while financials slid nearly 2% and crude fell for a fifth straight session.
Berkshire Hathaway takes a major stake in Lennar (NYSE: LEN). Explore the latest premarket stock movement, Q3 results, and technicals.
Truist Securities analyst Jonathan Bettenhausen maintains KB Home (NYSE:KBH) with a Hold and lowers the price target from $55 to $50.
KB Home beats Q3 estimates but cites housing headwinds, guides revenue, and sees analysts cut price targets as shares fall.
Evercore ISI Group analyst Stephen Kim maintains KB Home (NYSE:KBH) with a In-Line and lowers the price target from $62 to $59.
Markets showed mixed performance on Sept. 22, 2026, with the Nasdaq hitting a new intraday record while the S&P 500 and Dow declined. Tech stocks gained on AI optimism, but geopolitical concerns and interest rate fears limited broader market gains. Investors await developments from the UN General Assembly and the Trump-Xi meeting.