Trump halts trade talks with Canada – sanctions against Russia unite the US and EU – inflation report eagerly awaited – Intel impresses with results – Anthropic and Google finalize cloud deal – Target cuts 1,800 jobs – Ford surprises the market – Nextracker grows rapidly and expands to Saudi Arabia – Comfort Systems USA reports record quarter – Palantir and Lumen announce partnership – Newmont faces declining gold production – Super Micro presents weak revenue outlook – Deckers disappoints with forecast
Reading Time: 9 minutes
The major US indices continued their positive trend on Thursday, October 23, 2025. The Dow Jones gained about 0.3% to 46,734.61 points. The S&P 500 rose approximately 0.6% to 6,738.44 points, just about 0.2% below its all-time high. The Nasdaq Composite achieved the strongest performance, increasing by 0.9% to 22,941.80 points. Drivers of this upturn were primarily two factors. First, a sharp rise in oil and gas prices by over 5%, triggered by new US sanctions against Russian oil giants like Rosneft and Lukoil . This led energy stocks to...
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