--- title: "Dow Jumps Over 300 Points; Citigroup Posts Upbeat Earnings" description: "U.S. stocks showed mixed results, with the Dow Jones rising over 300 points to 46,399.60, while the NASDAQ fell 0.17%. Citigroup reported strong third-quarter earnings, with revenue of $22.09 billion," type: "news" locale: "en" url: "https://longbridge.com/en/news/261116288.md" published_at: "2025-10-14T17:09:06.000Z" --- # Dow Jumps Over 300 Points; Citigroup Posts Upbeat Earnings > U.S. stocks showed mixed results, with the Dow Jones rising over 300 points to 46,399.60, while the NASDAQ fell 0.17%. Citigroup reported strong third-quarter earnings, with revenue of $22.09 billion, surpassing expectations. Notable stock movements included Astria Therapeutics surging 39% after an acquisition announcement, while Orion S.A. dropped 22% following disappointing results. In commodities, oil fell 2.2%, and European and Asian markets closed lower. The NFIB Small Business Optimism Index also declined in September. U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining more than 300 points on Tuesday. The Dow traded up 0.72% to 46,399.60 while the NASDAQ fell 0.17% to 22,656.09. The S&P 500 also rose, gaining, 0.26% to 6,672.03. Check This Out: Synchrony Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call **Leading and Lagging Sectors** Industrials shares jumped by 1.4% on Tuesday. In trading on Tuesday, information technology stocks fell by 0.8%. **Top Headline** **Citigroup** (NYSE:C) posted better-than-expected earnings for the third quarter. The bank reported posted third-quarter revenue of $22.09 billion, up 9% year over year and comfortably ahead of expectations of $21.09 billion, as strong performances across Markets, U.S. Personal Banking, and Investment Banking lifted results. Net income rose to $3.75 billion, while earnings per share jumped to $2.24 from $1.51 a year earlier, also topping estimates of $1.90 per share. **Equities Trading UP ** - **Astria Therapeutics, Inc.** (NASDAQ:ATXS) shares shot up 39% to $11.78 after BioCryst announced plans to acquire the company. - Shares of **Navitas Semiconductor Corporation** (NASDAQ:NVTS) got a boost, surging 20% to $12.01 after the company provided a progress update on its development of advanced medium and high 800 VDC voltage GaN and SiC power devices. - **Telefonaktiebolaget LM Ericsson** (NASDAQ:ERIC) shares were also up, gaining 17% to $9.57 after the company reported third-quarter EPS and sales above estimates. **Equities Trading DOWN** - **Orion S.A.** (NYSE:OEC) shares dropped 22% to $5.36 after the company reported preliminary third-quarter results. - Shares of **The Goldman Sachs Group, Inc.** (NYSE:GS) were down 4% to $757.27 following third-quarter results. - **Electra Battery Materials Corporation** (NASDAQ:ELBM) was down, falling 28% to $5.00. **Commodities** In commodity news, oil traded down 2.2% to $58.21 while gold traded up 0.1% at $4,138.60. Silver traded down 0.8% to $50.035 on Tuesday, while copper fell 3.3% to $4.9765. **Euro zone** European shares were lower today. The eurozone's STOXX 600 fell 0.54%, while Spain's IBEX 35 Index fell 0.08%. London's FTSE 100 fell 0.14%, Germany's DAX 40 fell 0.88% and France's CAC 40 dipped 0.35% during the session. **Asia Pacific Markets** Asian markets closed lower on Tuesday, with Japan's Nikkei 225 falling 2.58%, Hong Kong's Hang Seng index falling 1.73%, China's Shanghai Composite falling 0.62% and India's BSE Sensex declining 0.36%. **Economics** The NFIB Small Business Optimism Index declined to 98.8 in September from 100.8 in the previous month and missing market estimates of 100.5. **Now Read This:** - **Broadcom To Rally More Than 12%? 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