U.S. Stocks Mostly Higher Amid Tech Sector Strength

rttnews
2025.10.16 15:12
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U.S. stocks are mostly higher, driven by strength in the tech sector, with the Nasdaq up 0.7%. Taiwan Semiconductor reported strong earnings, boosting Nvidia and Broadcom shares. Salesforce surged 4.5% after a positive revenue forecast, while Travelers' shares fell 2.9% due to disappointing results. Gold stocks and biotechnology also showed gains, while oil service and banking stocks faced weakness. Asian markets rose, but European markets were mixed. Treasury yields remained stable at 4.040%.