U.S. stock indices opened today near record levels. Investor enthusiasm continues to be fueled by easing geopolitical tensions in the Middle East and a sharp drop in oil prices. At the time of publication, the US500 is up 0.25% to 6,150 points, while the US100 gains 0.45% to 22,500 points.
Risk appetite is also evident in the cryptocurrency market, with Bitcoin rising 1.80% to $108,100. Meanwhile, falling energy prices have strengthened expectations that the Federal Reserve may begin cutting interest rates earlier this year, although Fed Chair Jerome Powell emphasized a cautious, data-driven approach before any monetary policy decisions are made.
The strongest gains are seen among Big Tech companies. Optimism is more muted among smaller-cap stocks, as reflected in the accompanying infographic. The US2000 is down 0.50% today, confirming that a relatively small number of companies are driving the current rally.
US500
The US500 is testing historic highs around 6,160 points today. In just the last three sessions since the de-escalation of the Middle East conflict, the index has gained a total of 3.26%.
Company News
Reddit (RDDT.US) is up more than 5.20%, continuing its recent rebound. Analysts at Jefferies and Morgan Stanley gave positive assessments of rising user engagement and the platform’s monetization potential.
QXO Inc. (QXO.US) dips 6.1% after announcing a $2 billion equity offering, sparking speculation about possible acquisitions in the building materials sector.
FedEx (FDX.US) is down nearly 5% after reporting earnings below expectations, citing weak global momentum and margin pressure.
General Mills (GIS.US) is losing over 4.6% after the company reported a larger-than-expected drop in organic sales, especially in North America.
Daily summary: Trump remarks helps Wall Street 📈Precious metals decline
VIX drops 10% amid Wall Street rebound attempt🗽
3 markets to watch next week - (17.10.2025)
Fed's Musalem remarks on the US economy and tariffs🗽
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
