Yahoo Financeยท2025-10-15 16:44Core Insights - Major U.S. equities indexes experienced gains due to strong bank earnings and expectations of Federal Reserve rate cuts [2][6] - Advanced Micro Devices (AMD) led a surge in semiconductor stocks following a deal to sell chips to Oracle [2][3] - Morgan Stanley and Bank of America reported better-than-expected quarterly results, contributing to their stock price increases [3][6] Bank Sector - Bank of America shares rose after posting quarterly results that exceeded analysts' estimates [1] - Morgan Stanley also saw stock gains following its strong quarterly performance driven by booming investment banking revenue [3][6] Semiconductor Industry - Advanced Micro Devices (AMD) shares surged after announcing a chip sales deal with Oracle, boosting the semiconductor sector [2][3] - ASML reported strong AI-driven demand, further supporting the positive momentum in semiconductor stocks [3] Other Notable Stocks - Bunge Global (BG) emerged as the best-performing stock in the S&P 500, benefiting from U.S.-China soybean trade tensions [3] - Progressive (PGR) shares fell due to a rise in its combined ratio from higher costs [4] - F5 (FFIV) shares declined following a reported cyberattack by government hackers [4] - Abbott Laboratories (ABT) shares dropped after the company lowered its earnings guidance due to tariff concerns [4] Commodity Market - Gold prices reached a new high, while oil futures decreased [5] - The yield on the 10-year Treasury note remained stable, and the U.S. dollar weakened against the euro, pound, and yen [5] - Most major cryptocurrencies saw price increases [5]