US Stock Market today: The US benchmark indices like the Dow Jones, Nasdaq, and the S&P 500 open higher on Friday, 24 October 2025, after the US inflation data fuels investors’ bets for an upcoming US Federal Reserve interest rate cut in the upcoming week.
The US Fed, in its September 2025 meeting, decided to cut its key rate by 25 basis points to its current level in the range of 4.00% to 4.25% as the central bank positioned itself to analyse more data ahead of further rate cuts.
The US Bureau of Labor Statistics’ Consumer Price Index (CPI) data released on 24 October 2025, highlighted that the consumer inflation in the US economy has increased to 3% in the 12-month period ending on September 2025, compared to the 2.9% in the same period as of August 2025.
The overall prices in the US economy increased at a rate of 0.3% in September 2025, compared to 0.4% in the previous month of August, according to the official data.
Dow Jones today
At 09:30 a.m. (EDT) opening bell, the Dow Jones Industrial Average rose 0.47% to 46,956.27 points, compared to 46,734.61 points at the previous trading close on Wall Street. The benchmark index is trading 1.14% higher at 47,267.15 points as of 11:34 a.m. (EDT), according to MarketWatch data.
International Business Machines Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co., NVIDIA Corp, Boeing Co., American Express Co., Apple Inc., Amazon.com Inc., Sherwin-Williams Co., Caterpillar Inc., Procter & Gamble Co., Home Depot Inc., UnitedHealth Group Inc., Merck & Co. Inc., Verizon Communications Inc., Microsoft Corp., Cisco Systems, Visa Inc., Salesforce Inc., Travelers Cos Inc., were among the top gainers on Dow Jones.
While others like Chevron Corp, Coca-Cola Co., McDonald’s Corp., Nike Inc., Walmart Inc. Walt Disney Co. Johnson & Johnson, 3M Co., and Honeywell International, were among the top laggards on Wall Street.
Nasdaq today
The Nasdaq Composite index opened 0.87% higher at 23,141.87 points, compared to 22,941.80 points at the previous market close. The index is currently trading 1.22% higher at 23,220.41 points as of 11:42 a.m. (EDT), according to MarketWatch data.
Wellgistics Health Inc., Genenta Science S.P.A ADR, Inhibrx Biosciences Inc., Neuphoria Therapeutics Inc., Vivakor Inc., Datavault Al Inc., New Era Energy & Digital Inc., MidWestOne Financial Group Inc., CN Healthy Food Tech Group Corp., and Newegg Commerce Inc. were the top gainers.
While others like Smart Digital Group Ltd, FlexShopper Inc. MultiSensor Al Holdings Inc, Scienture Holdings Inc., Kandal M Venture Ltd, American Rebel Holdings Inc., MingZhu Logistics Holdings Ltd, reAlpha Tech Corp., Hong Kong Pharma Digital Technology Holdings Ltd, and Yueda Digital Holding were among the losers on Friday.
S&P 500 today
The S&P 500 gained 0.66% to 6,782.32 points at the market open on Friday, compared to 6,738.44 points at the previous market close. The index is trading 0.96% higher as of 12:04 p.m. (EDT) at 6,803.96 points, according to the MarketWatch data.
Ford Motor Co., Albemarle Corp., International Business Machines Corp., EMCOR Group Inc., Coinbase Global Inc., Constellation Energy Corp., Advanced Micro Devices Inc., Seagate Technology Holdings PLC, AppLovin Corp., and WesternDigitalCorp. were the top gainers.
While others like Deckers Outdoor Corp., VeriSign Inc., Mohawk Industries Inc., Illinois Tool Works Inc., Newmont Corp., Packaging Corp. of America, Williams Cos., Baker Hughes Co., Tesla Inc., and TargaResourcesCorp were the laggards.
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
