empty
 
 

2025.10.2720:01:46UTC+00US Stocks Set New Records

U.S. stocks soared to new heights following Treasury Secretary Scott Bessent’s announcement of a "very successful framework" for discussions between Presidents Trump and Xi this week. The S&P 500 increased by 1.3%, the Nasdaq climbed by 1.9%, and the Dow Jones Industrial Average gained 350 points. The proposed agreement includes a delay in China's rare-earth restrictions, likely averting the planned 100% tariffs, and a resumption of Chinese soybean purchases. Technology stocks led the gains, with Nvidia and Broadcom rising by 2.1% and 2.4%, respectively, while Qualcomm surged by 9.5% after introducing new AI processors tailored for data-center operations. This strategic shift boosted Qualcomm shares to new highs as investors reassessed the company's market opportunities and immediate revenue prospects. Additionally, Tesla advanced by 4.2%, and Apple saw an increase of 1.3%, as investors braced for a demanding week featuring Q3 earnings reports from major players like Alphabet, Amazon, Apple, Meta, and Microsoft, alongside an anticipated 25 basis point interest rate reduction by the Federal Reserve on Wednesday.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback