Dow Adds 587 Points as Stocks Bounce: Stock Market Today
While the bond market was closed for Monday’s Columbus Day/Indigenous Peoples’ Day holiday, the stock market was not. And those who participated in today’s session were in an upbeat mood after President Donald Trump toned down his rhetoric toward China.
At the close, the blue-chip Dow Jones Industrial Average was up 1.3% at 46,067,
» Read more about: Dow Adds 587 Points as Stocks Bounce: Stock Market Today »
Read MoreCommodities outperform in 2025. Will the tailwinds continue?
The data and other information included in this publication is for illustrative purposes only, available “as is”, non-binding and constitutes the provision of factual information, rather than financial product advice. BLOOMBERG and BLOOMBERG INDICES (the “Indices”) are trademarks or service marks of Bloomberg Finance L.P. (“BFLP”). BFLP and its affiliates, including BISL,
» Read more about: Commodities outperform in 2025. Will the tailwinds continue? »
Read MoreLINK Price Surges $400K+ & BNB Hits $123B Market Cap Signalling Bullish Run As Global Developers Migrate to BlockDAG
BlockDAG is setting new standards for performance and reliability at a time when many older blockchains are struggling to keep up. Developers frustrated by high gas fees on Ethereum or unexpected outages on Solana are turning to a network that can actually sustain growth. With full EVM compatibility, teams can migrate their dApps to BlockDAG without rebuilding from scratch,
Read MoreWall Street recovers some of Friday’s sell-off after Trump softens his criticism of China
By STAN CHOE, AP Business Writer
NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said ” it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China.
Read MoreWhy crypto briefly but dramatically crashed when Trump renewed his trade war
New York
—
Cryptocurrencies plunged in value on Friday in a short but significant flash crash, leaving investors with billions of dollars in losses and highlighting the volatility associated with the industry.
Traders were jolted after President Donald Trump threatened new tariffs on imports from China,
» Read more about: Why crypto briefly but dramatically crashed when Trump renewed his trade war »
Read MoreThe Burst
Why the Swoosh Might Be Turning the Corner Fast
Analysts had written off Nike heading into its latest earnings report. The previous quarter was a mess, sales fell 10%, inventories piled up, and the brand that once defined performance and style looked a little out of step with both.
Yet this quarter, Nike did something investors didn’t expect by starting to look like Nike again.
» Read more about: Why the Swoosh Might Be Turning the Corner Fast »
Read MoreThe Ivy
Billionaire Doubles Down on This AI Powerhouse
Lately, billionaire Philippe Laffont has been making bold moves. During the second quarter, Laffont sold part of his Amazon stake, trimming it by about 5% and turned his attention to a name most retail investors barely know, CoreWeave, a company that sits at the center of the AI infrastructure explosion.
Key Points
-
Laffont slightly reduced Amazon after strong gains,
» Read more about: Billionaire Doubles Down on This AI Powerhouse »
Read MoreThe Spotlight
Berkshire’s $9.7 Billion OxyChem Deal Means What?
Buffett’s firm has spent years amassing a giant stake in Occidental Petroleum (NYSE: OXY), starting with a $10 billion preferred stock and warrant package in 2019 that helped Occidental fund its acquisition of Anadarko.
By mid-2025, Berkshire had built that into a 32.7% equity position, making OXY one of its six largest holdings.
» Read more about: Berkshire’s $9.7 Billion OxyChem Deal Means What? »