The Blog

Weekly insights on the markets, economy, and financial planning

Last Week on Wall Street: Happy Q3 Results in Upbeat Market [Oct. 27-2025]

Last Week on Wall Street

Stocks rose last week thanks to a full slate of upbeat third-quarter corporate results and mild inflation data, which helped soften concerns over trade tensions with China.

The Standard & Poor’s 500 Index gained 1.93%, while the Nasdaq Composite Index rose 2.31%. The Dow Jones Industrial Average advanced 2.24%. The MSCI EAFE Index, which tracks developed overseas stock markets, rose 1.25%.1,2

 

S&P, Dow Set New Highs on Friday

Stocks rose out of the gate as optimism returned to markets. Strength in the tech sector—and whispers of an imminent end to the government shutdown—pushed all three market averages higher.3

But the strong start turned mixed as some pressure on megacap tech stocks pulled down the Nasdaq. But while tech stocks regrouped, attention shifted to the Dow Industrials, which hit a record intraday high of 47,000 and a record close.4

Sentiment soured midweek as weaker-than-expected earnings results from two megacap tech companies dragged down technology names. Markets came under further pressure following news that the administration was considering restrictions on U.S.-made software exported to China. The S&P, Dow, and Nasdaq all closed lower on Wednesday.5

But the mood brightened Thursday as more megacap tech companies announced strong Q3 results, and as the White House confirmed a scheduled meeting with China.

News on Friday that inflation rose more slowly than expected boosted all three averages. The S&P 500 and Dow Industrials hit all-time intraday and closing highs.6

 

Inflation Eases

The Consumer Price Index report, delayed due to the government shutdown, showed prices rose by 3.0% in September on an annualized basis, slightly cooler than the 3.1% forecast.

This news paved the way for the Fed to stick with its penciled-in rate cut at its two-day meeting, which ends on October 29.

In addition to the upbeat inflation news, Q3 corporate earnings–one of the key drivers of stock prices–have been beating expectations 80% of the time as of Friday.7

 

This Week: Key Economic Data

Monday: Durable Goods.
Tuesday: Case-Shiller Home Price Index. Consumer Confidence.
Wednesday: Trade Balance in Goods. Retail & Wholesale Inventories. Pending Home Sales. Federal Open Market Committee meeting, Day 2. Fed Interest Rate Decision. Fed Chair Press Conference.
Thursday: Gross Domestic Product (GDP). Weekly Jobless Claims. Fed Official Michelle Bowman speaks.
Friday: Personal Consumption & Expenditures (PCE) Index. Dallas Fed President Logan, Cleveland Fed President Hammack, and Atlantic Fed President Bostic speak.
Source: Investors Business Daily – Econoday economic calendar; October 24, 2025 – The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.

 

This Week: Companies Reporting Earnings

Monday: Welltower Inc. (WELL), Cadence Design Systems, Inc. (CDNS), Waste Management, Inc. (WM)
Tuesday: Visa Inc. (V), United Health Group Incorporated (UNH), NextEra Energy, Inc. (NEE), Booking Holdings Inc. (BKNG), Southern Copper Corporation (SCCO), American Tower Corporation (AMT)
Wednesday: Microsoft Corporation (MSFT), Alphabet Inc. (GOOG/GOOGL), Meta Platforms, Inc. (META), Caterpillar Inc. (CAT), ServiceNow, Inc. (NOW), Verizon Communications Inc. (VZ), The Boeing Company (BA), KLA Corporation (KLAC), Automatic Data Processing, Inc. (ADP), CVS Health Corporation (CVS), Starbucks Corporation (SBUX)
Thursday: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), Eli Lilly and Company (LLY), MasterCard Incorporated (MA), Merck & Co., Inc. (MRK), Gilead Sciences Inc. (GILD), Stryker Corporation (SYK), S&P Global Inc. (SPGI), Comcast Corporation (CMCSA), Altria Group, Inc. (MO), The Southern Company (SO)
Friday: Exxon Mobil Corporation (XOM), AbbVie Inc. (ABBV), Chevron Corporation (CVX)
Source: Zacks, October 24, 2025 – Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.

  1. https://www.wsj.com/market-data
  2. https://www.investing.com/indices/msci-eafe
  3. https://www.cnbc.com/2025/10/19/stock-market-today-live-updates.html
  4. https://www.cnbc.com/2025/10/20/stock-market-today-live-updates.html
  5. https://www.cnbc.com/2025/10/21/stock-market-today-live-updates.html
  6. https://www.wsj.com/livecoverage/cpi-report-today-inflation-stock-market-10-24-2025
  7. https://www.wsj.com/livecoverage/cpi-report-today-inflation-stock-market-10-24-2025

 


Concerns or questions about how your investment portfolio will hold up in the current market environment? Contact Financial Synergies today.

We are a boutique, financial advisory and total wealth management firm with over 35 years helping clients navigate turbulent markets. To learn more about our approach to investment management please reach out to us. One of our seasoned advisors would be happy to help you build a custom financial plan to help ensure you accomplish your financial goals and objectives. Schedule a conversation with us today.

More relevant articles by Financial Synergies:

 


Blog Disclosures

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own financial advisors as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blogs, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Financial Synergies Wealth Advisors, Inc. employees providing such comments, and should not be regarded as the views of Financial Synergies Wealth Advisors, Inc. or its respective affiliates or as a description of advisory services provided by Financial Synergies Wealth Advisors, Inc. or performance returns of any Financial Synergies Wealth Advisors, Inc. client.

Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Financial Synergies Wealth Advisors, Inc. or its employees. The views reflected in the commentary are subject to change at any time without notice.

Nothing on this website constitutes investment or financial planning advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. It also should not be construed as an offer soliciting the purchase or sale of any security mentioned. Nor should it be construed as an offer to provide investment advisory services by Financial Synergies Wealth Advisors, Inc.

Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Financial Synergies Wealth Advisors, Inc. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

Any charts provided here or on any related Financial Synergies Wealth Advisors, Inc. personnel content outlets are for informational purposes only, and should also not be relied upon when making any investment decision. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Information in charts have been obtained from third-party sources and data, and may include those from portfolio securities of funds managed by Financial Synergies Wealth Advisors, Inc. While taken from sources believed to be reliable, Financial Synergies Wealth Advisors, Inc. has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. All content speaks only as of the date indicated.

Financial Synergies Wealth Advisors, Inc. is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Financial Synergies Wealth Advisors, Inc. and its representatives are properly licensed or exempt from licensure. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

See Full Disclosures Page Here

Recent Posts

Subscribe to Our Blog

Sign up to receive weekly articles on the markets, economy, and financial planning.
*Your email will be kept completely private.
Mike Minter
Author Profile Picture

Shareholder | Chief Investment Officer

Download Your Free Guide

Fill out the form below for instant access