Stock Futures China Trade Earnings

Stock Futures China Trade Earnings

October 23, 2025 Victoria Sterling -Business Editor Business

Here’s a summary of the financial news from the provided text:

Market Performance:

* Yesterday: Nasdaq down 0.9%,Dow Jones down 0.7%, S&P 500 ‍down‍ 0.5%.
* Wednesday: Indexes ‌fell due to reports of potential‌ U.S. export ​curbs to China.
* Thursday: 10-year Treasury ⁢yield rose to‍ 3.99%.

Commodities:

* ⁣⁤ Crude Oil: West Texas Intermediate futures soared ​over 5% to $61.75/barrel due⁤ to new sanctions ⁣on Russian oil companies (Lukoil & Rosneft).
* Gold: Futures rose 1.6% to $4,130/ounce, ​recovering from a significant drop on Wednesday (worst ‌day in ‌12 years).

Cryptocurrency:

*⁤ Bitcoin: Traded at $109,300,up from‌ a low of‌ $116,800 ⁢earlier in the day.

Currency:

* ⁢ U.S. Dollar Index: Edged⁣ higher to 99.05.

Corporate‌ News:

* ⁢ IBM (IBM): ‌ Shares down 7%​ in premarket trading after disappointing quarterly results.
* Tesla (TSLA): Shares​ down 3.5%⁣ in⁣ premarket ‌trading after disappointing quarterly results.
* ⁢ Intel (INTC): (The text is cut off ‍here, but it​ indicates‍ Intel also had news related to its results).

Upcoming Event:

* ‍ Friday’s‍ CPI inflation report is ‍being closely monitored by investors.

Vital Note: There appears to be‌ an error in ‍the text regarding the price of gold.$4,130/ounce⁤ is extremely high and likely a​ typo.‍ Also, the⁤ link for Tesla is ‍pointing to Amazon (AMZN) rather of Tesla ‌(TSLA).