Weekly Update | News Triple Threat | October 29, 2025

Three major stories are set to shake up the markets this week. Let’s dive into the Weekly Update with Brett Witkowski!

The S&P 500 continues its uptrend, gaining momentum this week after nearly testing the 50-day mark during the lockout, but holding strong.

Jay Powell and the Federal Reserve announced a 0.25% rate cut as expected, aiming to stabilize the outlook amid concerns over a potential government shutdown.

Meanwhile, about 20% of the S&P 500, the market’s largest players, are reporting earnings this week. Results have been positive so far, and all eyes are on the upcoming reports.

President Trump is currently in South Korea discussing trade deals ahead of the highly anticipated Trump-Xi meeting.