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Stocks mostly flat but earnings a positive

22 October 2025 09:34 (UTC +04:00)

Major stock indexes were mostly near flat on Tuesday, with upbeat results and forecasts from top U.S. companies providing some support, APA reports, citing Reuters.

In earnings, GM (GM.N), shares jumped after the company raised its full-year forecast, and Coca-Cola (KO.N), gained after the company posted results that beat analysts' estimates.

But the S&P 500 technology sector (.SPLRCT), was down 0.2%, and Michael Green, chief strategist at Simplify Asset Management in Philadelphia, said the reaction to some earnings surprises was modest.

"The earnings are better than expected as companies continue to gain slightly in terms of margins, which suggests that (companies) have to be passing through the tariffs or pushing the tariffs back onto the importers," Green said.

The Dow Jones Industrial Average (.DJI), rose 218.16 points, or 0.47%, to 46,924.74, the S&P 500 (.SPX), rose 0.22 points, essentially flat, to 6,735.35 and the Nasdaq Composite (.IXIC), fell 36.88 points, or 0.16%, to 22,953.67.

MSCI's gauge of stocks across the globe (.MIWD00000PUS), fell 0.84 points, or 0.08%, to 994.85.

The pan-European STOXX 600 (.STOXX), index rose 0.21%.