After a record session, the US stock market was cautiously stable on October 21, 2025. Futures showed little movement for the Dow Jones Industrial Average. Meanwhile, the S&P 500 futures gained a little, and the Nasdaq futures lost a little. Investors are paying close attention to the earnings season as it unfolds. This week, they are expecting big things from tech giants like Netflix, Coca-Cola, and Tesla. These companies will report their quarterly results. Investors will be watching the performance of the “Magnificent Seven” tech powerhouse closely. It continues to drive market gains, especially in the artificial intelligence sector, where there is a lot of momentum.
The market is also feeling good about the fact that the longest government shutdown in US history might end soon. Kevin Hassett, the head of the National Economic Council, said that the shutdown is “likely to end sometime this week.” This made traders feel more hopeful. There is also talk of a quarter-percent interest rate cut by the Federal Reserve at its next meeting. Inflation data is expected to give more information about what the central bank will do next with its monetary policy.
Trade tensions between the US and China are still a big deal. President Donald Trump has hinted at new tariffs. However, he also says he is sure that a fair trade deal can be reached at an upcoming meeting with Chinese President Xi Jinping. Overall, the market is staying stable as investors get ready for the last quarter of 2025. This is because major companies are expected to make a lot of money. Political uncertainties are easing, and monetary policy is expected to be good.
This cautious optimism comes with some ups and downs, like big drops in gold prices and mixed results in the tech sector. This shows that the market is always changing. Traders are keeping a close eye on it. Earnings reports, government actions, and changes in global trade will all have a big impact on market trends in the coming days.