CNBC·2025-10-25 15:56Market Overview - Stocks experienced a significant rise for the second consecutive week, with the S&P 500 and Nasdaq increasing by 2% and 2.3% respectively, reaching record highs [1] - The S&P 500 peaked above 6,800 for the first time before closing just below that level, marking record-high closes for both benchmarks [1] Economic Indicators - The consumer price index (CPI) for September showed a month-over-month increase of 0.3% and a year-over-year increase of 3%, both lower than expected [1] - The core CPI, excluding food and energy, rose by 0.2% month-over-month and 3% year-over-year, also below expectations [1] - The CPI report is viewed positively as it opens the possibility for the Federal Reserve to consider interest rate cuts in their upcoming meeting [1] Earnings Reports - Approximately 30% of S&P 500 companies have reported quarterly results, with 87% exceeding earnings expectations, significantly higher than the typical 67% beat rate [1] - Notable companies reporting strong earnings include: - Danaher: Reported a beat on both revenue and earnings, with shares rising nearly 6.7% for the week [1] - Capital One: Achieved a substantial earnings beat, with strong credit performance, leading to a nearly 6.5% increase in shares [1] - GE Vernova: Reported strong earnings but saw a decline in shares due to weakness in speculative energy trades, despite maintaining a buy-equivalent rating [1] - Honeywell: Outperformed expectations in sales and earnings, with a notable rebound in its aerospace division, and raised full-year guidance [2] - Dover: Reported better-than-expected profits and raised full-year earnings guidance, resulting in a nearly 6.6% increase in shares [2] Company Ratings and Price Targets - Danaher: Price target maintained at $240 per share, downgraded to a 2 rating [1] - Capital One: Buy-equivalent 1 rating maintained with a price target of $250 [1] - GE Vernova: Buy-equivalent 1 rating maintained with a price target of $700 [1] - Honeywell: Buy-equivalent 1 rating maintained with a price target of $255 [2] - Dover: Buy-equivalent 1 rating maintained with a price target of $210 [2] Upcoming Earnings - Ten portfolio companies are scheduled to report earnings next week, including Amazon, Apple, and Microsoft, with evaluations of their performance potentially leading to changes in ratings or price targets [2]