Federal Reserve trims rates by quarter point, second reduction this year

Dow Jones futures rose slightly Sunday evening, along with S&P 500 futures and Nasdaq futures, after a trick-or-treat October for the stock market rally. PalantirPLTR, RobinhoodHOOD, Advanced Micro DevicesAMD, AppLovinAPP and Astera LabsALAB headline ...

The U.S. stock market closed higher Friday after a choppy trading session, scoring weekly and monthly gains despite the government shutdown as investors appeared encouraged by companies’ latest quarterly earnings results.

The Dow ended lower and the S&P 500 finished flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair Jerome Powell said another rate cut in December is far from assured.

The company posted a net loss of $0.19 a share on an adjusted basis, narrower than analysts’ projected loss of $0.30 a share, according to consensus estimates. Revenue totaled $9.97 billion, falling short of the expected $10.23 billion and down 8% from the year-ago period amid lower prices and softer demand across all operating segments.

Dow Inc. has restarted two polyethylene resin lines at its Freeport, Texas, site following an Oct. 6 fire, while a third line remains under evaluation. The site represents nearly half of the company's domestic polyethylene output.

With 16 consecutive years of dividend raises and plenty of levers to pull to reward shareholders, here's why Microsoft has what it takes to continue outperforming the Dow and the S&P 500 for years to come. Image source: Getty Images.

The 10-year Treasury yield logs its biggest one-day gain since July.

Alright, that last quarter was good. That last quarter, Jim Fitterling put up a good quarter. I think that stock can go higher. I also like Solstice, which is a recent spin-off of Honeywell.