Stock Market Update

29-Oct-25 10:30 ET
Heavy earnings day drives price action
Dow +278.32 at 47984.48, Nasdaq +166.22 at 23993.74, S&P +22.46 at 6913.34

[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (+0.6%), and DJIA (+0.6%) maintain their opening gains as the technology sector (+1.3%) provides strong leadership, while the broader market is mixed. 

The small-cap Russell 2000 (+0.1%) and S&P Mid Cap 400 (-0.1%) are little changed after retreating yesterday. 

The consumer staples sector (-1.1%) faces a widening loss, with all but two of its components trading lower. Mondelez Int'l (MDLZ 58.04, -2.17, -3.60%) is among those names, slipping after reporting an earnings beat of $0.02 and reporting revenues in-line. 

Meanwhile, the communication services sector (+0.2%) rises above its flat line, with Verizon (VZ 40.22, +0.90, +2.29%) moving higher after beating EPS expectations by $0.02, missing revenue expectations, and guiding FY25 EPS in-line.

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