On October 28, 2025, the Federal Reserve made the announcement that it would implement a second straight 25 - basis - point reduction in interest rates. Additionally, it resolved to put an end to quantitative tightening (QT) beginning in December. Fed Chair Powell hinted that there could be a pause in interest rate cuts come December. On that particular day, the performance of the three major U.S. stock indices was a mixed bag. The Nasdaq witnessed a 0.55% uptick, the S&P 500 index remained largely unchanged, showing little movement, and the Dow Jones experienced a 0.16% decline. NVIDIA's stock price saw a roughly 3% increase. As a result, for the first time in its history, its total market value rocketed past the $5 trillion mark. Meanwhile, Apple's stock price had a modest rise, and at the market close, its total market value also crossed the $4 trillion threshold for the first time.