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Dow and Small Caps Climb Weekly While Nasdaq Slips on Megacap Earnings Charges

For the week, the Dow gained 0.64% and the Russell 2000 rose 2.07%, while the Nasdaq Composite fell 0.45% and the S&P 500 slipped 0.22% amid a wave of third-quarter earnings. Gold fell 3.47% and silver 4.90% over the week, while the 10-year Treasury yield eased 11 basis points to 4.99%. Meta reported third-quarter revenue of $64.60 billion, up 26%, but net income of $9.86 billion reflected a $9.89 billion charge tied to an agreement with 52 state attorneys general over teen mental health and social media litigation; diluted EPS was $3.83, or $7.40 excluding the charge. Texas Instruments reported revenue of $6.06 billion, up 28%, and guided fourth-quarter revenue to $5.80 billion to $6.30 billion. RTX reported sales of $25.0 billion, up 11%, and a record backlog of $340 billion.

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Close on 10/23/2026704.39
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Close on 10/23/2026759.85
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