Business is evolving fast, and hearing how others are adapting can make all the difference.

Hear perspectives from global executives as they share what's working, what's changing, and what they think lies ahead on the Executive Insights podcast, available in all major podcast platforms.

Here's your closing bell brief for Thursday, September 18th. I'm Catherine Sullivan for the Wall Street Journal.

U.S. stock indexes closed at record highs today after the Federal Reserve cut interest rates yesterday

and signaled more likely to come. The Dow and the S&P 500 were up less than half a percentage point.

The NASDAQdack ended up nearly

one percentage point after a major deal between chipmakers Intel and NVIDIA helped fuel a rally

in the technology sector. Treasury yields also climbed. Among individual companies, shares of

Intel soared 23% after NVIDIA announced a $5 billion investment in the beleaguered chipmaker.

NVIDIA's stock climbed roughly 3.5%.

Darden Restaurant's shares slid 8% after the Olive Garden owner's adjusted earnings came in below forecasts.

Cracker barrel shares fell 8% after the restaurant chain said it expects fewer diners following its controversial rebranding campaign.

The stock of Live Nation Entertainment fell about 3% after the Federal Trade Commission sued the Ticketmaster Parent over alleged illegal ticket resale tactics.

And shares of 89 bio surged 85% after the pharmaceutical company agreed to be

acquired by Swiss drug maker Roche for up to $3.5 billion.

Heads up, an artificial intelligence tool helped us make this episode by creating summaries

that were based on WSJ reporting and then reviewed and adapted by an editor.

Before we go, note that we made a correction to today's midday brief. We incorrectly said the

leading economic index is published by the conference project. It is in fact published by the

conference board. We'll have a lot more coverage of the day's news on the WSJ's What's News

podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

...