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Friday Closing Markets - Update - 17 Oct 2025 - Markets Rebound as Credit, Trade Concerns Ease; Gold Retreats from Record High
- The Trade Academy Team
- 4 minutes ago
- 3 min read
Markets Update: U.S. stocks climbed Friday while Treasury yields and the dollar gained, as markets shook off credit jitters and trade tensions showed signs of easing. A pullback in gold prices ended its record-breaking streak, while commodity markets showed mixed performance.
Global Markets Roundup: 17 October 2025
Wall Street Rises Amid Calming Bank and Trade Fears
Major U.S. indexes advanced in a session marked by cautious optimism. Investors took comfort in reassurances about regional bank stability and comments from President Donald Trump suggesting his proposed 100% tariff on Chinese goods is unsustainable. Trump also confirmed a face-to-face meeting with Chinese President Xi Jinping in two weeks in South Korea.
The Dow Jones Industrial Average added 282.75 points, or 0.61%, to close at 46,233.57.
The S&P 500 rose 36.72 points, or 0.55%, to 6,665.82. The Nasdaq Composite gained 128.82 points, or 0.57%, ending at 22,690.59.
Investors appeared to regain some confidence in the banking sector following a sharp selloff Thursday. The KBW Regional Banking Index rebounded 0.7%, recovering part of its 5% decline after Zions Bancorp revealed a $50 million loan loss and Western Alliance filed a fraud suit against an investment firm.
Earnings Season Boosts Sentiment
Earnings also helped lift investor sentiment. With 58% of S&P 500 companies having reported third-quarter results, 86% have beaten expectations. Analysts now forecast S&P 500 earnings growth of 9.3% year-over-year, up from 8.8% at the start of the month, according to LSEG.
Global Markets Struggle on Credit Concerns
European markets closed lower as U.S. banking concerns weighed on sentiment.
STOXX 600: -0.95%
FTSEurofirst 300: -0.91%
MSCI global stock index: +0.01% to 984.48
Emerging markets: -1.21% to 1,362.21
Asia-Pacific ex-Japan: -1.24% to 706.02
Nikkei 225: -1.44% to 47,582.15
Treasury Yields Climb, Dollar Rebounds
Benchmark U.S. Treasury yields rose, reflecting reduced demand for safe havens as trade and credit fears eased.
10-year yield: +2.3 basis points to 3.999%
30-year yield: +1.6 basis points to 4.5986%
2-year yield: +3.1 basis points to 3.457%
The dollar strengthened, though it remained on track for a weekly decline.
Gold Pulls Back After Record Run
Gold prices retreated after reaching all-time highs, pressured by a stronger dollar.
Spot gold: -2.03% to $4,237.59/oz
U.S. gold futures: -1.3% to $4,224.60/oz
Oil Steady Amid Supply Uncertainty
Oil prices held relatively steady but closed the week lower amid ongoing concerns about global supply disruptions.
WTI Crude: +0.14% to $57.54/barrel
Brent Crude: +0.38% to $61.29/barrel
Soft Commodities Mixed; Sugar and Coffee Retreat
Arabica coffee futures slipped to around $3.88/lb as traders booked profits and eyed potential tariff revisions on Brazilian exports. Sugar prices hovered near 15.5 cents/lb, following forecasts of a 4.1 million metric ton global surplus for 2025/26 by Covrig Analytics.
Grains Edge Higher on Strong Soy Demand
Grains posted moderate gains, led by soybeans, which were buoyed by strong domestic crush demand and incentives from ADM for October deliveries.
Corn (Dec): +2¼ cents to $4.24/bushel
Soybeans (Nov): +8½ cents to $10.19¼/bushel
Wheat (Dec): +1½ cents to $5.04/bushel
Outlook
With the worst of the week’s credit and trade worries seemingly behind, attention shifts to upcoming economic data and developments in U.S.-China trade diplomacy. Markets remain sensitive to shifts in rhetoric and policy signals.
Looking forward, refer to the economic calendar below to see the upcoming events scheduled for today and the rest of the week.
General news - Information source from multiple newswires.
The article and the data is for general information use only, not advice!
The Trade Academy Team