Traders enactment connected the level of the New York Stock Exchange (NYSE) connected Oct. 20, 2025 successful New York City.
Spencer Platt | Getty Images
Stock futures fell somewhat Tuesday arsenic investors took a breather pursuing a rally successful the erstwhile session. Investors awaited a engaged net week that could pass the trajectory of a marketplace that keeps connected roaring.
Futures tied to the Dow Jones Industrial Average fell 69 points, oregon 0.2%. S&P 500 futures and Nasdaq-100 futures each shed 0.1%.
Zions Bancorp shares were 1.6% higher aft the determination slope reported third-quarter profits that roseate from a twelvemonth ago, contempt the disclosure of immoderate atrocious loans precocious past week that sparked a broader marketplace rout.
The 3 large U.S. indexes roseate connected Monday, lifted by a leap successful Apple shares and optimism that the U.S. authorities shutdown could beryllium nearing an end. National Economic Council manager Kevin Hassett told CNBC's "Squawk Box" connected Monday that the impasse — present the third-longest authorities shutdown successful U.S. past — "is apt to extremity sometime this week" and that the White House was prepared to instrumentality stronger measures to unit an extremity to the stalemate if nary woody is reached this week.
Investors are monitoring a important week up for third-quarter earnings, which are revving up with Netflix and Coca-Cola acceptable to study connected Tuesday and Tesla due Wednesday. A beardown commencement to the net play truthful acold appears to beryllium supporting the broader marketplace rally, peculiarly amid an economical information blackout owed to the authorities shutdown.
More than three-quarters of the S&P 500 companies that person posted results truthful acold person beaten expectations, according to FactSet. Major tech companies are expected to relationship for a ascendant information of profits arsenic the artificial quality commercialized remains strong, with the "Magnificent Seven" companies expected to study year-over-year net maturation of 14.9%, compared with 6.7% for the index's remaining 493 companies, per FactSet.
"If the Mag Seven tin present connected elevated nett expectations ... markets could spot different limb higher. Market enactment connected Friday and Monday mightiness suggest investors are opening to spot their chips connected Big Tech up of cardinal nett reports adjacent week," said Ameriprise Financial main marketplace strategist Anthony Saglimbene. "Given elevated expectations and valuations, results from this radical could power broader marketplace absorption into year-end."
"Profit outperformance, combined with unchangeable outlooks and beardown AI tailwinds, could beryllium greeted favorably arsenic we determination done the net season, though immoderate whitethorn reason banal prices already bespeak these positives," Saglimbene added.
Propping up sentiment is besides the market's anticipation of different 4th percent constituent complaint chopped astatine the Federal Reserve's precocious October meeting. Consumer terms scale information owed Friday is expected to springiness clues connected the authorities of inflation, which could power the cardinal bank's upcoming decision.
Trade tensions betwixt the U.S. and China are besides successful the spotlight. President Donald Trump has threatened an further 100% tariff connected Chinese imports opening Nov. 1, but his optimistic comments on a imaginable commercialized woody with Beijing person assuaged fears astir an escalating commercialized war. Trump said connected Monday helium expects to scope a just deal with Beijing aft his upcoming gathering with Chinese President Xi Jinping later this period successful South Korea.
Crown Holdings banal jumps much than 8% connected guidance boost, net beat
Crown Holdings shares jumped much than 8% successful after-hours trading connected the backmost of the packaging company's quarterly results.
The company, which makes metallic beverage and nutrient cans among different products, raised its full-year guidance aft seeing beardown third-quarter sales. Crown Holdings expects to gain betwixt $7.70 and $7.80 per share, aft adjustments, compared with its anterior forecast of betwixt $7.10 and $7.50 per share.
In the 3rd quarter, Crown earned $2.24 per share, excluding items, portion analysts polled by FactSet expected $1.99 per share. Revenue came retired astatine $3.2 cardinal for the period, higher than the $3.14 cardinal expected from analysts. Volume maturation successful the company's European beverage concern helped thrust revenue.
Shares of Crown Holdings are up astir 14% twelvemonth to date.
— Pia Singh
Zions shares emergence aft slope posts quarterly nett increase, contempt deed from faulty loans
Shares of Zions Bancorp jumped much than 3% successful extended trading aft the determination slope said its third-quarter net roseate to $221 million, oregon $1.48 per share, from $204 million, oregon 1.37 per share, a twelvemonth ago.
Revenue of $861 cardinal successful the period, exceeded analysts' estimates of $843 million, per LSEG.
Baird expert David George, who past week upgraded Zions to outperform, said Monday evening that the quarterly results look "very good."
"They bushed connected each applicable metrics and the halfway concern continues to execute well. We're blessed that determination was specified a large panic accidental precocious past week," George said connected CNBC's "Closing Bell."
Zions Bancorp banal show implicit the past year.
Zions connected Thursday disclosed a $60 cardinal indebtedness nonaccomplishment aft uncovering "apparent misrepresentations" from 2 borrowers. That led the slope to suffer $1 cardinal of its marketplace cap successful 1 day, and besides fueled a deeper sell-off successful the marketplace amid worries that determination mightiness beryllium perchance greater issues successful the determination banking sector.
Shares of Zion are down 4% twelvemonth to day and much than 8% truthful acold this month. Shares roseate 4.7% connected Monday up of the results.
— Pia Singh