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Dow Rises by More than 500 Points as Traders Look to Robust Earnings Season

Summary by KIFI
By Lucy Bayly, John Towfighi, CNN New York (CNN) — Wall Street kicked off a new week in high gear as optimism rose that the 20-day shutdown of the federal government could soon draw to a close. National Economic Council Director Kevin Hassett told CNBC Monday he believes the shutdown is “likely to end sometime this week” and that the Trump administration would implement punitive new measures if Democrats in the Senate continue to hold out. Trade…
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The Killeen Daily HeraldThe Killeen Daily Herald
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Center

US stocks rise to open big earnings week

Wall Street stocks rose early Monday as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US government shutdown.

In the second half of last week, concerns about the lending practices of the US regional banking sector spoiled the stock market sentiment, but the US stock markets were able to turn around last Friday, which was followed by positive movements in Asia this morning after the release of important Chinese macro data. The improvement in sentiment has also arrived in Europe, with leading indices rising, and similarly, the mood was good in the US. The…

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Portfolio.hu broke the news in on Monday, October 20, 2025.
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