Wall Street Review: Stocks Climb as Tailwinds Strengthen

Easing U.S.–China trade tensions, a Fed rate cut, a wave of corporate deals, and stronger-than-expected earnings boosted stocks this week.
Wall Street Review: Stocks Climb as Tailwinds Strengthen
A monitor displays stock market information at the New York Stock Exchange on Oct. 30, 2025. Angela Weiss/AFP via Getty Images
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Stocks had nearly everything going their way this week: the easing of trade tensions between the United States and China, an interest rate cut, a wave of corporate deals, and better-than-expected earnings from market leaders.

The Dow Jones Industrial Average gained 0.75 percent for the week to close at 47,562, after hitting another record on Oct. 28.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”