Episode Details

Stock Market Today: The market pulled back during trading on Wednesday ahead of the Trump-XI summit with formal meetings and a dinner scheduled to take place on Thursday.

$SPY finished the day down 0.72%, the $QQQ was down 0.84%, the $DIA was trading 0.71% lower, and the $IWM was the biggest loser of the main indexes, trading lower by 1.84%.

Losses in utilities (XLU), consumer discretionary (XLY), retail (XRT), and real estate (XLRE) stocks led the broader market’s fall, with the four sectors shedding more than 1% each.

Valero Energy (VLO) saw a sharp spike lower during intraday trading as Politico reported that the White House is preparing a plan for 90-day diesel exports ban. This rumorwas later denied by the White House, calling it 'fake news'.

In the evening Meta Platform (META) shares were volatile and trading lower as CEO Mark Zuckerberg gave his keynote presentation. He presented a range of new Meta Glasses that can integrate with Muse. He also showed off the new Meta VR Glasses. At the end of the presentation he unveiled a new AI keychain device powered by Muse called Meta Charm, with some people comparing it to a Tamagotchi.

Market catalysts for Thursday, Sept 24:

- Trump-Xi Summit Day 2 (Formal meeting and dinner) $SPY

- Quantum World Congress 2026, Sept 23-25 $IONQ $RGTI $IBM $NOK $INFQ

- Earnings: Darden Restaurants (DRI), Blackberry (BB), TD Synnex (SNX), Costco (COST)

- Charles River (CRL) investor day

Our special guest today: Tracey Ryniec, Value Stock Strategist at Zacks

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