Stock market today: Dow, S&P 500, Nasdaq futures rise as TSMC's stellar earnings eclipse trade-war jitters
TSMCTSMC(US:TSM) Yahoo Finance·2025-10-15 23:26

Group 1: Market Reactions - US stock futures rose, with Nasdaq 100 futures increasing by 0.6% and S&P 500 futures up by approximately 0.5%, driven by TSMC's strong earnings and positive sentiment around AI stocks [1][2] - Nvidia and other AI-related stocks saw gains, buoyed by TSMC's performance, which reported a nearly 40% surge in quarterly profit [2] Group 2: TSMC's Performance - TSMC raised its outlook for 2025 revenue growth for the second time this year, indicating strong demand for AI-related products [2] - The company reported record quarterly profits, exceeding estimates, which positively impacted the stock prices of Nvidia, Micron, and other AI-related companies [2] Group 3: Economic Context - Strong quarterly results from Wall Street banks and indications that the Federal Reserve may cut interest rates again this year contributed to the positive market sentiment [3] - Ongoing US-China trade tensions, highlighted by President Trump's comments, continue to create uncertainty in the market [4]