CNBC | Wednesday, October 15, 2025 
S&P 500 edges higher in another volatile session, Bank of America rallies on earnings: Live updates

The S&P 500 broke back into the green Wednesday, buoyed by Bank of America and Morgan Stanley’s blockbuster earnings reports. Ongoing concerns about U.S.-China trade negotiations and a government shutdown weighed on investor sentiment but took a backseat to the enthusiasm over a better-than-expected start to earnings season. The Dow Jones Industrial Average was little changed at 22, or 0.05%. It briefly turned negative and rose as much as 422.88 points. The S&P 500 traded 0.4% higher after gaining as much as 1.2%. The Nasdaq Composite was up 0.6%. It briefly rallied as much as 1.4%. The Cboe Volatility Index (VIX), known to many as Wall Street’s fear gauge, peaked higher in afternoon trading. It was last at 20.7. The index has trended higher over the past week, surpassing last Friday the 21 mark, or its most elevated level since late May. High-flying AI stock Nvidia rolled over to trade 0.5% lower after rising as much as 2.7%. “Investors don’t appear ready to send equities back to fresh records at this juncture, as they await more earnings reports and commentary from Washington or Beijing, prior to traveling north,” said Jose Torres, senior economist at Interactive Brokers. “Volatility levels remain elevated, and that signals the potential for…Read more