Earnings Optimism Lifts U.S. Stocks, Precious Metals Extend Blistering Rally

Barry Adams
20 Oct, 2025
New York City

Stocks in New York advanced on Monday as investors prepared to review a fresh batch of earnings and an inflation update later in the week. 

In the week ahead, earnings season ramps up in full swing, and investors are anticipating results from Coca-Cola, Philip Morris, Procter & Gamble, General Electric, GE Aerospace, Tesla, IBM, Netflix, Intuitive Surgical, Intel, CME, and Netflix. 

At least 400 companies are scheduled to release their quarterly results, and investors are looking to understand how businesses and consumers are adjusting to Trump's steep tariffs and chaotic administration and rapidly cooling labor market.  

The U.S. federal government shutdown is set to enter its fourth week, and the consumer inflation report on Friday will be the only government data reported by a federal agency amid a general data blackout.  

 

U.S. Stock Movers 

The S&P 500 index edged up 0.3%, the tech-heavy Nasdaq Composite advanced 0.4%, gold advanced 1.5% to $4,316 an ounce, and silver gained 1% to $52.45 an ounce.

Hologic Inc. gained 4.5% to $73.05 on speculation that the company is in advanced talks with the private equity groups TPG and Blackstone. 

The medical technology company is likely to accept a $75 per share deal to go private, valuing the company at $17 billion. 

Cleveland-Cliffs jumped 15.4% to $15.30 after the steelmaker's third-quarter results surpassed market expectations. 

Revenue increased to $4.7 billion from $4.6 billion, net loss edged up to $234 million from $232 million, and diluted losses per share shrank to 51 cents from 52 cents a year ago. 

The company lowered its annual capital expenditure estimate to $525 million from $600 million.