Wall Street ends mixed as earnings lift the Dow
By Stephen Culp
Tue October 21, 2025 4:30 PM
Upbeat Q3 reports from industrials shot the Dow right up and it stayed up the whole day, but disappointment from chip companies generated a lot of volatility in tech leaving the Nasdaq down and the S&P near flat. Today’s weakness is explained by today’s expert, “We’re at a little bit of a point of indecision, where nobody feels particularly strongly about anything,” thus muting the reaction to earnings. With the indexes at record highs and valuations stretched, the positive Q3 is no longer sufficient for risk taking.