Government shutdown created tremendous focus on individual companies, says Jim Cramer
CNBC Television·2025-10-25 03:01

Market Overview - The market is heavily focused on individual company earnings due to the government shutdown limiting macro data [1] - Averages rose due to strong company numbers and a mild CPI report, with the Dow closing above 47,000 for the first time [2] - The S&P 500 had its 34th record close [2] - The NASDAQ increased by 1.15% [2] Economic Outlook - The market anticipates a 0.25% (quarter point) rate cut by the Fed, potentially driven by a stalling economy [2] - Larger layoffs are emerging, exemplified by announcements from Target and Applied Materials [3] - The Consumer Price Index (CPI) report was tame enough to potentially justify a rate cut [3] Earnings Season Focus - The upcoming week is crucial due to the peak of earnings season, considered more important than usual [1]