Stock Market Summary – October 31, 2025

Major indices finished with mixed results on Friday after the market rebound brought on by their solid earnings results. The Dow Jones Industrial Average slipped 0.1% but the S&P 500 gained 0.5% and the Nasdaq Composite rose 1.4%. The major gainer of the day was Amazon, which saw its stock rise 10% after beating earnings expectations earning $1.95 per share on revenue of $180.2 billion. Reddit’s stock popped 16% after earnings exceeded estimates and the company signaled strong advertising growth. Coinbase Global jumped 9% after outperforming earnings forecasts while Twilio surged by 18% with its third-quarter results surpassing projections.

On the downside, Linde suffered a 2% drop in its shares due to a cash flow miss and lowered future guidance, despite an earnings beat. Financial firm Carlyle Group lost 6% after disappointing third-quarter earnings, while shares of insurance brokerage Arthur J. Gallagher fell about 6% after third-quarter profit fell by 13%. AbbVie also fell 4% despite beating estimates and raising earnings forecast due to underwhelming performance outside its immunology and neuroscience businesses. Newell Brands experienced the largest drop, with its shares plunging by 28% after disappointing quarterly results and guidance.

In other news, a federal judge has blocked the Trump administration from ceasing SNAP benefits during the government shutdown, ordering the benefits to be paid out of emergency funds. Plus, analysts predict a substantial upside for Coinbase, with Bernstein setting a price target of $510, implying a 55% potential rise. The company is poised to benefit from its partnerships with major banks like J.P. Morgan and PNC.