ZACKSยท2025-10-20 23:01Market Performance - All major indexes finished up more than +1%, with the Dow gaining +515 points (+1.12%), S&P 500 up +71 points (+1.07%), Nasdaq increasing by +310 points (+1.37%), and Russell 2000 rising +47 points (+1.93%) [1] Apple Inc. - Apple experienced strong adoption of its iPhone 17, driven by Chinese subsidies for the base-model iPhone, marking the healthiest up-cycle for new iPhones since the Covid pandemic. The stock rose +3.94% to $262 per share, achieving its highest close ever and a market cap of $3.85 trillion, making it the second-richest company behind NVIDIA [2] Boeing Co. - Boeing's shares rose +1.8% following the FAA's approval to increase the production of 737-MAX planes to 42 per month, with expected output increases and certifications for MAX-7 and MAX-10 models next year. Boeing is set to report Q3 earnings next week [3] Zions Bancorp - Zions Bancorp reported Q3 earnings of $1.48 per share, exceeding estimates by 8 cents and showing an increase from the previous year. Revenues reached $861 million, surpassing analyst expectations of $845.5 million. Despite a previous drop of -13% in shares due to $49 million in charge-offs, shares rose +3% in late trading following the earnings report [4][5] Upcoming Earnings Reports - Key earnings reports are expected from GE Aerospace, Lockheed Martin, General Motors, Coca-Cola, and 3M, with Netflix and Texas Instruments reporting in the afternoon. No economic reports are scheduled for release [6]