21-10-2025

Global Markets Rally on Earnings and Trade News

Date: 21-10-2025
Sources: cnbc.com: 5
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A rising global stock market graph with major indices and tech company logos

Summary

Global markets are trending higher driven by positive earnings reports, trade deal optimism, and significant geopolitical developments. Japan's Nikkei 225 and South Korea's Kospi hit record highs, while Australian rare earth shares rose on a critical minerals agreement with the U.S. Apple's record-high shares and strong iPhone sales also boosted U.S. markets.

Key Points

  • Japan's Nikkei 225 rose to new records after Sanae Takaichi won the lower house vote.
  • South Korea's Kospi hit a sixth consecutive record high on U.S. trade deal optimism.
  • Australian rare earth companies' shares rose after a critical minerals agreement with the U.S.
  • Apple's shares hit a record high due to strong iPhone 17 series sales.
  • European markets are expected to open higher driven by gains in defense stocks.

Articles in this Cluster

Asia markets live: Japan parliamentary vote, Australia rare earth shares rise

Asia-Pacific markets opened higher on Tuesday, with Japan's Nikkei 225 initially rising to new records before paring gains after Sanae Takaichi won the lower house vote to become Japan's first woman prime minister. South Korea's Kospi index hit a sixth consecutive record high, driven by optimism around an impending trade deal with the U.S. Australian rare earth companies' shares rose after a critical minerals agreement was signed between Australia and the U.S. The Hang Seng Index and CSI 300 also rose, with CATL's strong earnings boosting its Hong Kong-listed shares.
Entities: Sanae Takaichi, Japan, South Korea, U.S., AustraliaTone: neutralSentiment: positiveIntent: inform

CNBC Daily Open: All you need for a rally is a good iPhone

The article discusses the positive impact of strong iPhone sales on Apple's stock, which hit a record high, and the overall US market. It also covers other news, including an outage at Amazon Web Services, a minerals agreement between the US and Australia, and fund managers betting against the pound. Additionally, it mentions a tense meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy.
Entities: Apple, iPhone 17, Amazon, Amazon Web Services, USTone: neutralSentiment: positiveIntent: inform

CNBC Daily Open: More people want the new iPhone — and Apple shares

The article discusses the strong sales of Apple's new iPhone 17 series, which has led to a record high in Apple's shares. The iPhone 17 series has outsold its predecessor in the U.S. and China, with the iPhone Air selling out within minutes in China. Apple's shares rose nearly 4% on the news, closing at an all-time high. The article also touches on other market news, including a minerals agreement between the U.S. and Australia, Japan's first female prime minister, and a cloud outage at Amazon Web Services. U.S. markets rose broadly, with major indexes ending the day in the green. Investors are looking forward to earnings reports from companies like Netflix, Tesla, and Intel.
Entities: Apple, iPhone 17, Tim Cook, U.S., ChinaTone: neutralSentiment: positiveIntent: inform

European markets on Oct. 21: Stoxx 600, FTSE, DAX, CAC

European stocks are expected to open higher on Tuesday, driven by gains in defense stocks. The UK's FTSE index is predicted to rise 0.31%, while Germany's DAX and France's CAC 40 are also expected to gain. Defense stocks surged on Monday, with Thyssenkrupp and Hensoldt leading the way. The positive momentum comes ahead of a busy earnings week, with major companies like Netflix and Coca-Cola set to report. Meanwhile, UK borrowing hit a record high for September, with public sector borrowing reaching £20.2 billion. The data is in line with forecasts, but highlights the need for the UK government to address its expenditure and debt.
Entities: European stocks, FTSE index, DAX, CAC 40, ThyssenkruppTone: neutralSentiment: neutralIntent: inform

Stock market today: Live updatesStock Chart Icon

The stock market is showing slight gains as investors await a busy earnings week that could inform the trajectory of the market's recent rally. Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 are all slightly higher. The market rose on Monday, driven by a jump in Apple shares and optimism that the U.S. government shutdown could be nearing an end. Investors are monitoring third-quarter earnings, with Netflix, Coca-Cola, and Tesla set to report in the coming days. Major tech companies, particularly the 'Magnificent 7', are expected to report strong earnings growth. The market is also anticipating a potential rate cut at the Federal Reserve's late October meeting and is watching trade tensions between the U.S. and China.
Entities: New York Stock Exchange (NYSE), Dow Jones Industrial Average, S&P 500, Nasdaq 100, Zions BancorpTone: neutralSentiment: positiveIntent: inform