Amazon carried the U.S. stock market to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday.

The US indices that I follow here at FX Empire all look as if they are going to jump higher, with excitement building around the anticipation of rate cuts and a potential agreement between the Chinese and Americans.

(Reuters) -Chemicals company Dow Inc posted a smaller-than-expected adjusted quarterly loss in the third quarter on Thursday, helped by lower costs, higher volumes from new U.S. Gulf Coast assets, and stronger demand in industrial markets, even as global chemical prices remained weak.

U.S. stocks bounced around their records after the Federal Reserve made moves to boost the job market but warned that more help isn’t guaranteed.

The Consumer Price Index should have been released on Oct. 15, but economic data has been halted by the government shutdown.

US stock market is on fire today. The S&P 500 is up 0.6%, the Nasdaq 1.2%, and the Dow 99 points higher. Amazon stock exploded 11% after AWS revenue soared 20% to $33 billion. Netflix, Tesla, and Palantir all jumped as Wall Street cheered fresh AI momentum.

The US Federal Reserve officials delivered a second straight interest rate cut on Wednesday (October 29), lowering the benchmark rate by 25 basis points to a range of 3.75%–4%, as they seek to cushion a softening labour market.

Dow Inc. remains a long-term buy as operational improvements and cost controls position it for a potential turnaround despite ongoing industry headwinds. Learn more about DOW stock here.

US Stock Market today: The Wall Street benchmark indices like the Dow Jones, Nasdaq, and S&P 500 hit their record high levels on Tuesday, 28 October 2025, as the US Federal Reserve begins its two-day policy meeting to determine the rate cuts for the US economy.

Global equity markets showed mixed movements by midday in New York as investors prepared for a critical week of corporate earnings and central bank decisions. T