Market Week: November 3, 2025

The Markets (as of market close October 31, 2025)

Stocks moved generally higher last week, largely driven by solid corporate earnings from some big tech firms. The S&P 500 and the NASDAQ each reached record highs during the week, extending a significant rally. The push higher was moderated somewhat by the Federal Reserve's cautious stance on future rate cuts. Despite a lack of updated economic information, the Fed identified concerns about a weakening job market and stubbornly elevated inflation. While trade tensions between the U.S. and China were tempered following a meeting between President Trump and Chinese leader Xi Jinping, analysts cautioned that the underlying issues had not yet been resolved. Following last week's interest rate cut, U.S. Treasury yields rose sharply, extending a three-session rally that pushed the 10-year Treasury yield to a three-week high. Despite an early-week rally, crude oil prices dipped lower last week, primarily due to concerns of global oversupply and increased production.

• STOCK MARKET INDEXES
• LAST WEEK'S ECONOMIC NEWS
• EYE ON THE WEEK AHEAD

Wendy Nelson, CEO of Wind River Wealth Advisors, aims to provide comprehensive investment management, retirement planning, financial planning, asset management, and portfolio management services to protect your money with knowledgeable strategies and plans through the guidance of a personal, independent financial advisor.