Bessent Proposes Longer Ceasefire in Trade Dispute - IMF Warns of Uncontrolled Global Market Correction - Griffin Sees No Advantage for Hedge Funds in Generative AI - TSMC Reports Record Profit Due to AI and Data Center Boom - Amazon Announces Further Layoff Round Amid High AI Investments - Waymo Launches in London

On Wednesday, October 15, 2025, US indices delivered a mixed performance. The S&P 500 rose by 0.4% to close at 6,671.06 points, while the Nasdaq Composite managed to gain about 0.7% to reach 22,670.08 points, whereas the Dow Jones fell slightly by around 0.04% to 46,253.31. The gains were primarily driven by strong quarterly results from the banking sector. Morgan Stanley rose by 4.7%, and Bank of America increased by 4.4%. Both banks exceeded market expectations thanks to strong revenues from investment banking, trading, and financing...