Monday, October 20, 2025
Markets roared ahead to start a new trading week, with all major indexes finishing up more than +1% — doubling their increases from Friday. The Dow gained +515 points, +1.12%, while the S%P 500 was +71 points, +1.07%. Even stronger was the tech-heavy Nasdaq — complete with a new all-time closing high for Apple AAPL — which gained +310 points, +1.37%, and the small-cap Russell 2000, +47 points or +1.93%.
Apple saw strong adoption of its iPhone 17, based largely on Chinese subsidies benefiting the base-model iPhone, which marked the healthiest up-cycle for new iPhones since the Covid pandemic. The stock rose +3.94% today to $262 per share — its highest close ever, and the first such all-time closing high since late 2024. It also brought Apple to the second-richest company in terms of market cap: $3.85 trillion, behind only NVIDIA NVDA.
Boeing BA also put in a good performance today, with news that the Federal Aviation Administration (FAA) giving the go-ahead for the aircraft building giant to increase the number of 737-MAX planes it can build to 42 per month. Increases in output reportedly will follow next year, as are expected certifications for Boeing’s MAX-7 and MAX-10 models. Shares rose +1.8%, and Boeing reports Q3 earnings next week.
Zions Bancorp Beats in Q3 Following Charge-off Controversy
Reporting Q3 earnings after the closing bell today,
Zions Bancorp ZION outpaced estimates on both top and bottom lines: earnings of $1.48 per share better the Zacks consensus by 8 cents (+11 cents from the year-ago quarter) on revenues of $861 million, improving on the $845.5 million analysts were looking for in the quarter.
Last week, ZION shares fell -13% after a report of $49 million in charge-offs due to bad loans in the quarter. Total charge-offs in Q3 reached $56 million, so last week’s report was considerably more than just the tip of the iceberg. Net Interest Income (NII) reached $672 million in the quarter. Shares are up +3% in late trading on the news, following +4.65% gains in the regular trading session.
What to Expect from the Stock Market Tomorrow
Earnings will take the wheel Tuesday, with before-the-open reports expected from
GE Aerospace GE,
Lockheed Martin LMT,
General Motors GM,
Coca-Cola KO and 3M (MMM), among others. The afternoon marquee report will be from
Netflix NFLX — the first of the “Mag 7” stocks to report (if we’re still grouping those stocks as such) — and also
Texas Instruments TXN. No economic reports are scheduled for release tomorrow.
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The Boeing Company (BA): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report GE Aerospace (GE): Free Stock Analysis Report Texas Instruments Incorporated (TXN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report CocaCola Company (The) (KO): Free Stock Analysis Report Netflix, Inc. (NFLX): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Zions Bancorporation, N.A. (ZION): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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