Wednesday 29 October 2025
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wn.com - 8 hours ago

Roundup: Earnings beat, rate cut hopes drive U.S. stocks to record highs

NEW YORK, Oct. 28 (Xinhua) -- U.S. stocks climbed to new record highs on Tuesday, with all three major indices posting gains. The Dow Jones Industrial Average rose 0.3 percent, the Nasdaq Composite jumped 0.8 percent, and the S P 500 edged up 0.2 percent, marking its third straight record close. Robust corporate earnings, expectations of further Federal Reserve rate cuts, and enthusiasm in the artificial intelligence (AI) sector have all boosted...


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