MARKETS USA/stock exchanges are likely to be fueled by Amazon and Apple

DOW JONES–After a two-day break, Wall Street could resume its recent upward move on Friday. The stock futures market is indicating a friendly to firm start to trading on the cash market, with the technology-heavy Nasdaq likely to be ahead. Because there are optimistic signals coming from the technology sector. The heavyweights Amazon and Apple are coming up with convincing business figures, with Apple particularly shining with its outlook. While Amazon shot up 12.8 percent premarket, Apple climbed 2.4 percent.

“Just as sentiment in the technology sector was sour yesterday, sentiment has largely turned around this morning following Apple and Amazon’s post-market results. This renewed momentum has lifted sentiment after a more challenging day yesterday, despite the positive results from US-China trade talks,” explains Deutsche Bank market strategist Jim Reid. The strong business figures from Apple and Amazon are a relief for investors. There has recently been uncertainty in the market as to what the technology giants’ excessive spending on artificial intelligence has led to. Shares of Meta Platforms and Microsoft also slipped the previous day due to the forecast for high AI investments.

Fed still supporting bond yields and dollar

Yields on US government bonds are increasing slightly across the entire yield curve. The yield on ten-year debt securities gained one basis point to 4.11 percent. However, overall movements are small following the central bank’s key monetary policy decisions this week. In view of rising yields, these levels are approaching, which are attractive for a purchase, judges CIO Mark Dowding of Bluebay.

The dollar continues to be stronger – the dollar index climbs another 0.1 percent. The greenback benefits again from lower bets on another Interest rate cut in December. After jumping above the $4,000 mark again the day before, the price of gold is holding it, although profits are now being made after the significant increases the previous day.

Although oil prices are only slightly in the red, they are heading for a monthly loss of almost 3 percent before the Opec+ group meeting on Sunday. The market has largely priced in a modest production increase for December, but concerns about growing oversupply continue to weigh on sentiment. The US-China trade deal has done little to resolve questions about Chinese purchases of Russian oil. “There has been no indication from the Chinese side whether they will stop purchases,” say ANZ analysts. If Russian oil increasingly disappears from the market, prices are likely to rise.

Among the other individual stocks, Netflix rose by 2 percent in the premarket. Traders point to an agency report that the streaming service is preparing an offer for Warner Bros Discovery’s studio and streaming business (+3.1%). The company is also planning a stock split.

Lower oil prices caused Chevron (+0.5%) and Exxon Mobil (-1.7%) to decline in profits in the third quarter. However, both announced that they would continue to ramp up production, even if oil prices were just under $60 a barrel. Chevron beat market expectations in profit and sales, while Exxon Mobil only beat market expectations in profit. The pharmaceutical company Abbvie (-0.4%) has increased its forecast for adjusted annual profit, although profits in the third quarter were under pressure due to increased expenses.

The shares of the crypto exchange Coinbase Global climbed by 4.6 percent after third quarter figures that were better than expected. Western Digital is up 8.6 percent, and the data storage company is shining with strong third-quarter figures thanks to the AI ​​boom. Reddit also impressed in the third period, with the social media company’s share price rising by 11.9 percent.

Cloudflare rose by 8.7 percent, the IT security provider beat the market’s consensus estimates. Zillow (+5.7%) earned more than forecast – the sales outlook was also better than expected.

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FOREX last +/- % 0:00 Wed, 18:19 % YTD

EUR/USD 1.1560 -0.1% 1.1568 1.1658 +11.7%

EUR/JPY 178.18 -0.1% 178.28 177.33 +9.5%

EUR/CHF 0.9290 +0.2% 0.9274 0.9285 -1.2%

EUR/GBP 0.8816 +0.2% 0.8795 0.8811 +6.3%

USD/JPY 154.12 +0.0% 154.10 152.11 -2.0%

GBP/USD 1.3113 -0.3% 1.3153 1.3231 +5.1%

USD/CNY 7.1015 +0.1% 7.0935 7.0765 -1.6%

USD/CNH 7.1190 +0.1% 7.1111 7.0898 -3.1%

AUS/USD 0.6542 -0.2% 0.6552 0.6616 +5.9%

Bitcoin/USD 110,208.85 +2.2% 107,884.75 111,150.05 +13.7%

CRUDE OIL most recently VT-Settlem. +/-% +/- USD% YTD

WTI/Nymex 60.43 60.57 -0.2% -0.14 -16.3%

Brent/ICE 64.83 65.00 -0.3% -0.17 -14.5%

METALS last day previous +/- % +/- USD % YTD

Gold 4,019.23 4,038.08 -0.5% -18.85 +53.2%

Silver 49.00 49.02 -0.0% -0.02 +69.4%

Platinum 1,384.68 1,392.94 -0.6% -8.26 +59.0%

Copper 5.10 5.10 +0.0% 0.00 +24.2%

YTD based on the previous day’s closing level

(Information provided without guarantee)

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(END) Dow Jones Newswires

October 31, 2025 08:53 ET (12:53 GMT)