US EditionPublished • loading... • Updated
Wall St scales fresh highs on tech earnings, US-China trade optimism
Wall Street's main indexes rose with the S&P 500 expected to see 10.4% third-quarter earnings growth amid hopes for a US-China trade deal and Fed rate cut.
- On Monday, October 27, 2025, Wall Street's main indices notched record closing highs driven by optimism about a U.S.-China trade deal and Big Tech earnings.
- After two days of talks in Malaysia, the U.S. and China structured an outline on Sunday, and U.S. Treasury Secretary Scott Bessent said the 100% tariff threat starting Nov. 1 was removed.
- Tech stocks added 1.4% with Intel and Super Micro Computer both rising more than 4%, while Qualcomm Incorporated jumped more than 11% and Keurig Dr Pepper surged 6.2% after raising about $7 billion.
- Investors are pricing in a Fed rate cut, and Jordan Rizzuto said `The lack of official inflation data will be supportive of the rally in the near term because monetary policy could be operating with an increasingly blind spot heading into the new year.'
- Concentration risks surfaced as the seven megacaps make up nearly 35% of the S&P 500, while rare earth miners including MP Materials, USA Rare Earth and Trilogy Metals fell sharply.
Insights by Ground AI
17 Articles
17 Articles
Wall St scales fresh highs on tech earnings, US-China trade optimism
Wall Street's main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a U.S.-China trade deal and looked forward to a week packed with high-profile technology earnings and a widely expected U.S. interest rate cut.
·United Kingdom
Read Full Article
On Monday (October 27), Wall Street's three major indexes hit record closing highs for the second consecutive trading day. Investors are optimistic about the US and China reaching a trade agreement and are looking forward to a series of financial reports from technology giants this week, as well as the market's widely expected US interest rate cut.
Coverage Details
Total News Sources17
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
To view factuality data please Upgrade to Premium
