The Business Times
business-time-50

US: Wall Street opens flat as Tesla, IBM results underwhelm

Summarise
Published Thu, Oct 23, 2025 · 09:49 PM
    • The Dow Jones Industrial Average fell 14.50 points, or 0.04 per cent, to 46,570.06.
    • The Dow Jones Industrial Average fell 14.50 points, or 0.04 per cent, to 46,570.06. PHOTO: AFP

    [NEW YORK] Wall Street opened flat on Thursday (Oct 23) as lacklustre earnings from Tesla and IBM dampened investor mood, while brewing trade tensions between the US and China threatened to deepen the market’s unease.

    At 09.30 am, the Dow Jones Industrial Average fell 14.50 points, or 0.04 per cent, to 46,570.06.

    The S&P 500 gained 6.03 points, or 0.09 per cent, to 6,705.15, and the Nasdaq Composite gained 6.99 points, or 0.07 per cent, to 22,755.88. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    S&P 500NasdaqDow Jones

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    German Chancellor Friedrich Merz says Europe is facing “the most decisive moments... in defending the freedom and peace of (the) continent”.

    If Europe goes to war, the fallout will be felt in East Asia

    The increase in New Keppel’s profit was underpinned by stronger performance in its connectivity segment and steady earnings from its infrastructure segment.

    Keppel posts 20% rise in Q3 net profit; New Keppel earnings up 15%

    The acquisition of Paragon mall for S$3.9 billion in July this year contributed to CICT’s higher revenue and NPI.

    CICT Q3 NPI rises 13.8% to S$334.9 million on contributions from Paragon and other acquisitions

    Keppel reported a 20 per cent increase in its net profit for the third quarter ended Sep 30, 2026.

    Stocks to watch: Keppel, CICT, MLT, Golden-Agri, Wilmar, CDLHT, FEHT, UltraGreen.ai

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More