Top Stock Movers – October 17, 2025
Major U.S. stock indexes moved higher at midday Friday, buoyed by a rebound in regional bank shares following Thursday’s steep selloff. The gains came as investors digested a fresh batch of corporate earnings reports.The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all traded in positive territory.
American Express (AXP) led financial stocks after reporting quarterly results that exceeded Wall Street expectations. The company also raised its outlook for the year as spending on its premium credit cards continued to surge.
Truist Financial (TFC) joined the rally, advancing after stronger-than-anticipated earnings fueled by higher interest income and robust wealth management fees.
In contrast, gold miners including Newmont (NEM) slipped as gold prices retreated from record highs earlier in the week.
Kenvue (KVUE) topped the S&P 500, recovering from a sharp selloff on Thursday after a U.K. lawsuit alleged its baby powder caused cancer. Investors appeared to view the dip as a buying opportunity.
Pharmaceutical giants Novo Nordisk (NVO) and Eli Lilly (LLY) fell after President Trump vowed to lower prices for popular weight-loss drugs, sparking concerns over future profit margins in the booming obesity treatment market.
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