Stock market today: Dow rises, but Nasdaq lags as investors assess flood of earnings
Yahoo Finance·2025-10-21 13:31

Market Performance - The Dow Jones Industrial Average reached a record high, increasing by 0.8% to an intraday all-time high, setting it on track for a record close [1] - The S&P 500 saw a slight increase of 0.1%, while the Nasdaq Composite experienced a decline of 0.2% [1] Earnings Reports - Major earnings reports are being closely monitored, with Netflix and General Motors being highlighted [2] - General Motors raised its full-year profit outlook, leading to a surge in its stock price [2] - Positive earnings reports from Coca-Cola and 3M also contributed to their stock price increases [2] Trade Relations - Concerns regarding US-China trade tensions have diminished as negotiations are set to resume [3] - A rare earths deal was signed between the US and Australia, aimed at countering China's influence [3] - President Trump expressed optimism about reaching a "fair deal" with President Xi of China [3] Government Shutdown - The US government shutdown is now the third-longest in history, with no plans to end it despite growing economic pressures [4] - The situation has heightened interest in Federal Reserve communications regarding interest rates ahead of an upcoming policy meeting [4] Federal Reserve Insights - Fed Governor Christopher Waller is scheduled to speak, coinciding with the release of the September Consumer Price Index report [5] - The inflation data from the report could influence market expectations for a potential quarter-point rate cut [5]