Market Overview - US stocks experienced gains on Monday, with the Dow Jones Industrial Average rising approximately 0.7%, the S&P 500 increasing by 0.9%, and the Nasdaq Composite leading with an over 1% rise [1] Earnings Season - The focus of the market is shifting towards the earnings season, with high expectations for reports from major companies such as Tesla, Intel, Netflix, and Coca-Cola [2] - Zions Bancorp's third quarter results are anticipated, especially after recent concerns regarding bad loans linked to fraud [2] Trade Relations - A lull in trade tensions between the US and China has been noted, with Treasury Secretary Scott Bessent indicating that relations have "de-escalated" and talks are set to resume [3] - President Trump highlighted key issues in US-China relations, suggesting a potential easing of tariffs that were scheduled for November 1 [3] Government Shutdown - The US government shutdown has now entered its third week, with ongoing disputes over federal healthcare subsidies [4] - Economists warn that a prolonged shutdown could negatively impact near-term GDP growth, although any slowdown is expected to be temporary [4] Inflation and Federal Reserve - The government shutdown has delayed the release of critical inflation and jobs data, which are essential for Federal Reserve decision-making [5] - The Bureau of Labor Statistics is set to release September's Consumer Price Index, which could significantly influence the Fed's rate decisions [5] Amazon AWS Outage - Wall Street is assessing the impact of a major outage in Amazon's AWS, which affected various platforms including Robinhood and disrupted services for companies like United Airlines and Reddit [6] - AWS operations are reportedly returning to normal after the outage [6]
Stock market today: Dow, S&P 500, Nasdaq jump amid trade-war lull, with flurry of earnings on deck
Yahoo Finance·2025-10-20 13:31