
It's Thursday, October 16, 2025 — here's your daily rundown of how Wall Street performed as earnings season rolled on.
Wall Street closed broadly lower today as weakness in the banking sector overshadowed renewed optimism in technology and artificial intelligence stocks. The S&P 500 fell 0.6% to end near 6,629, while the Dow Jones Industrial Average dropped roughly 301 points, or 0.7%, to 45,952. The Nasdaq Composite slipped 0.5% to close at 22,563, with gains in chipmakers helping offset part of the broader decline.