Benzingaยท2025-10-15 17:06Market Performance - The S&P 500 rose 0.4% to 6,680, nearing the recovery of last Friday's sell-off [2] - The Nasdaq 100 increased by 0.9% to 24,790, while the Dow Jones added 0.3% to 46,485, fully recovering from last week's decline [2] - Small-cap stocks also performed well, with the Russell 2000 gaining 0.7% and reaching new record highs [2] Earnings Reports - Bank of America Corp. and Morgan Stanley exceeded market expectations, with their shares rising over 5% and 4.5% respectively, marking their strongest single-day performance since April 9 [3] - The market is pricing in a 25-basis-point rate cut in October, with a 95% probability of another reduction in December, which has contributed to the rally in equities and precious metals [3] Precious Metals - Gold prices increased by 1% to $4,200 per ounce, marking its 13th gain in the past 15 sessions and a 60% year-to-date increase [4] - Silver also saw a significant rise, gaining 2.2% to $52.50 per ounce [4] Major Indices and ETFs - The Vanguard S&P 500 ETF rose 0.5% to $612.05, while the SPDR Dow Jones Industrial Average increased by 0.3% to $464.02 [7] - The tech-heavy Invesco QQQ Trust Series rose 0.9% to $603.07, and the iShares Russell 2000 ETF gained 0.8% to $249.93 [7] Top Gainers and Losers - Top gainers in the S&P 500 included Advanced Micro Devices, Morgan Stanley, and Bank of America, with percentage changes of 7.68%, 5.65%, and 4.48% respectively [8] - Top losers included Abbott Laboratories, Lockheed Martin, and Booking Holdings, with percentage changes of -3.63%, -2.86%, and -2.12% respectively [9]