{"id":336312,"date":"2025-10-27T15:35:10","date_gmt":"2025-10-27T15:35:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/336312\/"},"modified":"2025-10-27T15:35:10","modified_gmt":"2025-10-27T15:35:10","slug":"us-stocks-rally-toward-more-records-ahead-of-pivotal-week-for-wall-street","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/336312\/","title":{"rendered":"US stocks rally toward more records ahead of pivotal week for Wall Street"},"content":{"rendered":"

NEW YORK (AP) \u2014 Stocks are climbing toward more records<\/a> on Monday ahead of a week packed with potentially market-moving events for Wall Street.<\/p>\n

The S&P 500 rose 0.9%. The Dow Jones Industrial Average was up 254 points, or 0.5%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 1.5% higher. All are adding to their latest all-time highs set on Friday. <\/p>\n

Stocks also rallied in Asia ahead of a meeting on Thursday<\/a> between the heads of the United States and China. The hope is that the talks could clear rising tensions<\/a> between the world\u2019s two largest economies and allow the global economy to keep motoring. <\/p>\n

U.S. Treasury Secretary Scott Bessent said<\/a> there\u2019s \u201ca framework\u201d for U.S. President Donald Trump and Chinese leader Xi Jinping to discuss at their meeting, while Trump said, \u201cWe feel good\u201d about working things out with China.<\/p>\n

That\u2019s just one of many things that will need to go right this week in order for the U.S. stock market\u2019s tremendous, record-breaking rally to continue. The S&P 500 has shot up a stunning 37.6% since hitting a low in April, when worries about Trump\u2019s tariffs<\/a> on China and other countries were at their peak. Besides hopes for easing trade tensions, the rally has also been built on expectations for several more things<\/a> to happen. <\/p>\n

One is that the Federal Reserve will keep cutting interest rates<\/a> in order to give the slowing job<\/a> market a boost. The Fed\u2019s next announcement on interest rates is due on Wednesday, and the nearly unanimous expectation among traders is that it will cut the federal funds rate by a quarter of a percentage point for a second straight meeting. <\/p>\n

It\u2019s not a certainty though, because the Fed has also warned it may have to change course if inflation ends up accelerating beyond its still-high level. That\u2019s because low interest rates can make inflation worse. <\/p>\n

The latest monthly report on inflation<\/a> came in slightly better than economists expected, raising hopes, but it may be the final update for a while<\/a> if the U.S. government\u2019s shutdown continues. That could cloud the forecast for cuts to rates to continue. <\/p>\n

Besides low interest rates, another expectation that\u2019s propped up stock prices is the forecast that U.S. companies will continue to deliver solid growth in profits. <\/p>\n

Keurig Dr Pepper climbed 6.9% Monday after reporting profit for the latest quarter that matched analysts\u2019 expectations. The company behind the Canada Dry and Green Mountain coffee brands said it benefited from higher prices for K-Cup products, among other things<\/p>\n

Some of Wall Street\u2019s most influential stocks are also set to report their own results this week, including Alphabet, Meta Platforms and Microsoft on Wednesday, and Amazon and Apple on Thursday. They\u2019ll need to deliver big growth and justify big spending that\u2019s underway in artificial-intelligence technology<\/a>. <\/p>\n

Worries have been climbing that AI may be in the midst of a bubble<\/a>, similar to the dot-com bonanza that ended up bursting in 2000. <\/p>\n

Announcements of mergers and buyouts also helped move stocks on Monday. Cadence Bank jumped 5.1% after Huntington Banchsares said it would buy the bank<\/a> with locations across Texas and the South for $7.4 billion in stock. Huntington fell 2.1%. <\/p>\n

Avidity Biosciences leaped 42.6% after Novartis agreed to buy the biopharmaceutical company based in San Diego for $12 billion, after Avidity spins off its early-stage precision cardiology programs. <\/p>\n

In stock markets abroad, indexes rose modestly in Europe following bigger gains in Asia.<\/p>\n

Stocks climbed1.2% in Shanghai and 1% in Hong Kong. They rose even more in Tokyo, where the Nikkei 225 jumped 2.5%, and in Seoul, where South Korea\u2019s Kospi rallied 2.6%. <\/p>\n

The Nikkei 225 topped the 50,000 level for the first time as opinion polls show Japan\u2019s newly installed Prime Minister Sanae Takaichi<\/a> enjoying high levels of public support for her market-friendly policies. Takaichi favors raising spending on defense, and that has boosted prices of stocks in major defense contractors, such as Kawasaki Heavy Industries, which jumped 9% Monday. <\/p>\n

In the bond market, the yield on the 10-year Treasury was holding steady at 4.02%, where it was late Friday. <\/p>\n

All the optimism flowing through financial marketshelped knock down the price of gold. The metal\u2019s price has stalled after it nearly touched $4,400 per ounce last week, when it set its latest record. It\u2019s dropped back below $4,000, but it\u2019s still up more than 50% for the year so far. <\/p>\n

___<\/p>\n

AP Business Writers Matt Ott and Elaine Kurtenbach contributed. <\/p>\n","protected":false},"excerpt":{"rendered":"NEW YORK (AP) \u2014 Stocks are climbing toward more records on Monday ahead of a week packed with…\n","protected":false},"author":3,"featured_media":336313,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[6229,239,3774,165908,64,15835,74,168,69,12042,455,11289,439,104796,57,59,166407,69758,7062,14229,48573,3549,18244,15243,16266,61,67,132,68,93,107,11762],"class_list":{"0":"post-336312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-amazon-com","9":"tag-apple","10":"tag-asia","11":"tag-avidity-biosciences","12":"tag-business","13":"tag-cadence-bank","14":"tag-china","15":"tag-domestic-news","16":"tag-donald-trump","17":"tag-economic-policy","18":"tag-federal-reserve-system","19":"tag-finance-business","20":"tag-financial-markets","21":"tag-financialbusiness","22":"tag-general-news","23":"tag-inc","24":"tag-kawasaki-heavy-industries-ltd","25":"tag-keurig-dr-pepper","26":"tag-meta-platforms","27":"tag-microsoft-corp","28":"tag-novartis-ag","29":"tag-san-diego","30":"tag-scott-bessent","31":"tag-south-korea","32":"tag-stocks-and-bonds","33":"tag-u-s-news","34":"tag-united-states","35":"tag-unitedstates","36":"tag-us","37":"tag-washington-news","38":"tag-world-news","39":"tag-xi-jinping"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/336312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=336312"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/336312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/336313"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=336312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=336312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=336312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}