Wall Street Review: Dow Surges Past 47,000 Amid Strong Earnings, Lower-Than-Expected Inflation

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Wall Street Review: Dow Surges Past 47,000 Amid Strong Earnings, Lower-Than-Expected Inflation

Traders work on the floor of the New York Stock Exchange on Oct. 24, 2025. Spencer Platt/Getty Images

Stocks extended their rally this week, with major indexes climbing to new highs as investors welcomed strong corporate earnings and lower-than-expected inflation data, reinforcing expectations of lower interest rates ahead.

The Dow Jones Industrial Average rose by 2.2 percent for the week to close at 47,207, briefly touching a record high on Oct. 24.

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