Dow Surges 250 Points; Verizon Posts Mixed Q3 Results

Benzinga
2025.10.29 13:57
portai
I'm PortAI, I can summarize articles.

U.S. stocks rose, with the Dow Jones up 250 points (0.55%) to 47,970.89. Verizon reported mixed Q3 results, with revenue of $33.8 billion, missing estimates, but adjusted EPS of $1.21 exceeded expectations. Cambium Networks shares surged 209% after a partnership with Starlink, while Advent Technologies fell 51%. Oil and gold prices increased, and Asian markets closed higher. U.S. mortgage applications rose by 7.1% last week.