Wall Street gains on Amazon boost but rate caution tempers enthusiasm
By Sinéad Carew and Pranav
Kashyap
Fri October 31, 2025 6:38 PM
It was another teeter-totter day with the indexes way up in the morning, then diving into the red mid-day only to rebound in the afternoon into decent if not spectacular gains. The main push today was a stellar Q3 from Amazon after yesterday’s Mag 7 disappointments. And Apple, though it beat expectations today, weighed down the market with Tim Cook’s comments about supply constraints, obviously a reference to the China conflict. The Fed’s continued comments regarding doubts of a December rate cut also dampened sentiment.
