Today At A Glance:

U.S. stocks rallied to fresh record territory after September CPI came in a touch cooler than expected (headline and core +0.3% m/m, ~3.0% y/y), boosting odds of a Fed rate cut next week. Tech led as Intel’s beat and upbeat guide lifted semis broadly, while AI/cloud names caught a bid on Google–Anthropic deal momentum. Cyclicals participated and breadth improved; small caps and energy also firmed. Meanwhile, gold extended its pullback from this week’s highs, pressuring miners. Into the bell, all three majors finished higher with new closing records or near-record closes.

Today’s Index Performance:

• Dow Jones Industrial Average — The Dow opened today at 46,811.50 and closed today at 47,326.73, with the percentage change of +1.10%.
• S&P 500 — The S&P 500 opened today at 6,772.07 and closed today at 6,806.42, with the percentage change of +0.51%.
• Nasdaq Composite — The Nasdaq opened today at 23,143.20 and closed today at 23,256.37, with the percentage change of +0.49%.

Gainers Of Note:

• Intel (NASDAQ: INTC) — PC/AI chips; jumped after Q3 EPS smashed estimates and management guided above consensus, citing stronger PC demand and momentum in data-center roadmaps.
• Nextracker (NASDAQ: NXT) — Solar-tracking systems; surged on a raised FY26 outlook and news of a Saudi JV to expand in MENA, signaling robust global utility-scale demand.
• Ford (NYSE: F) — Automaker; climbed after posting a hefty Q3 operating profit and outlining higher truck production and hiring plans.

Losers Of Note:

• Deckers Outdoor (NYSE: DECK) — Hoka/UGG footwear; fell ~11–14% as an outlook cut and tariff-driven demand concerns overshadowed a solid quarter.
• Newmont (NYSE: NEM) — Gold miner; slid alongside bullion’s retreat and after cautionary cash-flow commentary tempered an otherwise estimate-beating quarter.
• Alaska Air (NYSE: ALK) — Airline; dropped after trimming full-year profit guidance and dealing with operational/IT disruptions that pressured margins.

Active Traders Of Note:

• Alphabet (NASDAQ: GOOGL) — Search/cloud/AI; heavy volume as investors parsed a multiyear pact to supply up to 1 million Google TPUs to Anthropic, bolstering cloud AI positioning.
• Procter & Gamble (NYSE: PG) — Consumer staples; active on a clean earnings beat (core EPS $1.99) and tariff-cost update, keeping guidance intact.
• AMD (NASDAQ: AMD) — Semiconductors; brisk trading in sympathy with Intel’s upside and broader chip-sector strength.

Looking Forward:

With the CPI surprise in hand, the debate shifts to cut timing and magnitude—guidance quality from next week’s mega-cap reports will dictate whether leadership stays with tech. Any fresh policy or tariff headlines could challenge today’s risk-on tone, particularly for consumer and import-reliant names. Watch the gold/real-rates interplay and semis’ follow-through as key tells for near-term momentum.

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