Tech Stocks Power Market Higher as US Equities Gain 1.96% — SanDisk and Fortrea Shine Bright
The U.S. stock market closed the week ending October 24, 2025, on a strong note, as technology and industrial stocks drove gains across major indices. Meanwhile, consumer defensive and utility stocks lagged behind, reflecting investors’ growing appetite for growth-oriented sectors.
The Morningstar U.S. Market Index rose 1.96%, marking a week of broad-based optimism ahead of key economic releases and corporate earnings reports.
Weekly Market Summary
• U.S. Market Index: +1.96%
• Technology Sector: +2.77% (Best Performer )
• Industrials: +2.51%
• Consumer Defensive: -0.66% (Weakest Performer )
• Utilities: -0.09%
In terms of market size:
• Large-Cap Stocks: +1.95%
• Mid-Cap Stocks: +1.85%
• Small-Cap Stocks: +2.35%
By style category:
• Growth Stocks: +2.11%
• Blend Stocks: +1.92%
• Value Stocks: +1.52%
The S&P 500 gained 1.92%, while the Nasdaq climbed 2.31%, underscoring the tech sector’s leadership in market performance.
Out of 847 U.S.-listed companies tracked by Morningstar:
• 599 stocks (71%) advanced,
• 3 stocks were unchanged,
• 245 stocks (29%) declined.
Other Key Markets
• 10-Year U.S. Treasury Yield: Unchanged at 4.02%
• 2-Year U.S. Treasury Yield: Slightly up to 3.48% (from 3.46%)
• WTI Crude Oil: +6.61% to $61.45 per barrel ⛽
• COMEX Gold: -3.15% to $4,101.70 per ounce
Top 5 Stock Gainers of the Week
1. ️ Winnebago Industries (WGO) — +33.57%
• Strongest performer of the week.
• Stock trades at $40.15, a 46% discount to its fair value estimate of $75.00.
• Despite a 21% decline over the past year, the 4-star rating reflects strong rebound potential.
2. SanDisk (SNDK) — +32.82%
• The week’s breakout star, with a massive 288% gain over the last three months!
• Currently trading at $186.16, a 365% premium to its fair value estimate of $40.00.
• Investors continue to ride the momentum in semiconductor and memory chip plays.
3. Pegasystems (PEGA) — +24.15%
• Closed at $66.27, trading 14% above its fair value of $58.00.
• Up 88.6% year-on-year, the no-moat stock remains a favorite in enterprise software plays.
4. Intuitive Surgical (ISRG) — +22.50%
• Ended the week at $546.51, a 45% premium to its fair value estimate.
• A wide-moat medical technology leader, up 7.55% over the past year.
5. Fortrea Holdings (FTRE) — +19.58%
• Closed at $11.30, trading 12% below fair value ($12.80).
• Up 71.16% in the past three months, this 4-star stock shows renewed investor interest despite being down 41.65% over the past year.
Top 5 Stock Losers of the Week
1. STMicroelectronics (STM) — -14.99%
• Ended at $24.86, trading 14% below fair value.
• Down 20.21% in three months amid weaker semiconductor demand.
2. Sonic Automotive (SAH) — -14.03%
• Closed at $64.33, a 30% discount to its fair value estimate of $92.00.
• Despite a 20% gain over the past year, near-term headwinds pressured the auto retailer’s shares.
3. Deckers Outdoor (DECK) — -12.89%
• Stock slid to $86.94, a 29% discount to its fair value of $122.00.
• Shares have dropped 32% over the past year amid retail sector volatility.
4. Dassault Systèmes (DASTY) — -12.69%
• Wide-moat stock fell to $30.01, trading 20% below its $37.70 fair value.
• Down 19.93% in three months, reflecting tech sector rotation.
5. BNP Paribas (BNPQY) — -9.95%
• Closed at $39.70, a 24% discount to fair value.
• Despite being up 25.68% in the past year, the stock faced renewed profit-taking pressure.
️ Key Economic and Earnings Events Ahead
Investors are gearing up for a busy week of economic data and corporate earnings that could shape the next market direction:
• Tuesday, Oct. 28:
U.S. Consumer Confidence Survey
Earnings: SoFi Technologies (SOFI), UnitedHealth (UNH), Visa (V)
• Wednesday, Oct. 29:
FOMC interest rate decision
Earnings: CVS Health (CVS), Verizon (VZ), Boeing (BA), Meta (META), ServiceNow (NOW), Alphabet (GOOGL), Microsoft (MSFT)
• Thursday, Oct. 30:
Chicago PMI report
• Friday, Oct. 24:
Consumer Price Index (CPI) & Purchasing Managers Index (PMI) Composite
Earnings: Procter & Gamble (PG)
Market Outlook
The week’s rally signals resilient investor confidence despite global economic uncertainties.
With tech and industrials leading gains and oil prices surging, investors appear to be rotating back into growth assets, while maintaining caution in consumer and defensive names.
Analysts expect volatility to persist as markets digest upcoming Fed decisions, earnings reports, and inflation data.
In Summary
✅ U.S. markets gained 1.96% overall
✅ Technology and industrials led the charge
❌ Consumer defensive and utilities lagged
SanDisk and Fortrea emerged as major winners
STMicroelectronics and Sonic Automotive topped the losers list
Investors now turn attention to Fed and major tech earnings for direction next week.
The U.S. stock market closed the week ending October 24, 2025, on a strong note, as technology and industrial stocks drove gains across major indices. Meanwhile, consumer defensive and utility stocks lagged behind, reflecting investors’ growing appetite for growth-oriented sectors.
The Morningstar U.S. Market Index rose 1.96%, marking a week of broad-based optimism ahead of key economic releases and corporate earnings reports.
Weekly Market Summary
• U.S. Market Index: +1.96%
• Technology Sector: +2.77% (Best Performer )
• Industrials: +2.51%
• Consumer Defensive: -0.66% (Weakest Performer )
• Utilities: -0.09%
In terms of market size:
• Large-Cap Stocks: +1.95%
• Mid-Cap Stocks: +1.85%
• Small-Cap Stocks: +2.35%
By style category:
• Growth Stocks: +2.11%
• Blend Stocks: +1.92%
• Value Stocks: +1.52%
The S&P 500 gained 1.92%, while the Nasdaq climbed 2.31%, underscoring the tech sector’s leadership in market performance.
Out of 847 U.S.-listed companies tracked by Morningstar:
• 599 stocks (71%) advanced,
• 3 stocks were unchanged,
• 245 stocks (29%) declined.
Other Key Markets
• 10-Year U.S. Treasury Yield: Unchanged at 4.02%
• 2-Year U.S. Treasury Yield: Slightly up to 3.48% (from 3.46%)
• WTI Crude Oil: +6.61% to $61.45 per barrel ⛽
• COMEX Gold: -3.15% to $4,101.70 per ounce
Top 5 Stock Gainers of the Week
1. ️ Winnebago Industries (WGO) — +33.57%
• Strongest performer of the week.
• Stock trades at $40.15, a 46% discount to its fair value estimate of $75.00.
• Despite a 21% decline over the past year, the 4-star rating reflects strong rebound potential.
2. SanDisk (SNDK) — +32.82%
• The week’s breakout star, with a massive 288% gain over the last three months!
• Currently trading at $186.16, a 365% premium to its fair value estimate of $40.00.
• Investors continue to ride the momentum in semiconductor and memory chip plays.
3. Pegasystems (PEGA) — +24.15%
• Closed at $66.27, trading 14% above its fair value of $58.00.
• Up 88.6% year-on-year, the no-moat stock remains a favorite in enterprise software plays.
4. Intuitive Surgical (ISRG) — +22.50%
• Ended the week at $546.51, a 45% premium to its fair value estimate.
• A wide-moat medical technology leader, up 7.55% over the past year.
5. Fortrea Holdings (FTRE) — +19.58%
• Closed at $11.30, trading 12% below fair value ($12.80).
• Up 71.16% in the past three months, this 4-star stock shows renewed investor interest despite being down 41.65% over the past year.
Top 5 Stock Losers of the Week
1. STMicroelectronics (STM) — -14.99%
• Ended at $24.86, trading 14% below fair value.
• Down 20.21% in three months amid weaker semiconductor demand.
2. Sonic Automotive (SAH) — -14.03%
• Closed at $64.33, a 30% discount to its fair value estimate of $92.00.
• Despite a 20% gain over the past year, near-term headwinds pressured the auto retailer’s shares.
3. Deckers Outdoor (DECK) — -12.89%
• Stock slid to $86.94, a 29% discount to its fair value of $122.00.
• Shares have dropped 32% over the past year amid retail sector volatility.
4. Dassault Systèmes (DASTY) — -12.69%
• Wide-moat stock fell to $30.01, trading 20% below its $37.70 fair value.
• Down 19.93% in three months, reflecting tech sector rotation.
5. BNP Paribas (BNPQY) — -9.95%
• Closed at $39.70, a 24% discount to fair value.
• Despite being up 25.68% in the past year, the stock faced renewed profit-taking pressure.
️ Key Economic and Earnings Events Ahead
Investors are gearing up for a busy week of economic data and corporate earnings that could shape the next market direction:
• Tuesday, Oct. 28:
U.S. Consumer Confidence Survey
Earnings: SoFi Technologies (SOFI), UnitedHealth (UNH), Visa (V)
• Wednesday, Oct. 29:
FOMC interest rate decision
Earnings: CVS Health (CVS), Verizon (VZ), Boeing (BA), Meta (META), ServiceNow (NOW), Alphabet (GOOGL), Microsoft (MSFT)
• Thursday, Oct. 30:
Chicago PMI report
• Friday, Oct. 24:
Consumer Price Index (CPI) & Purchasing Managers Index (PMI) Composite
Earnings: Procter & Gamble (PG)
Market Outlook
The week’s rally signals resilient investor confidence despite global economic uncertainties.
With tech and industrials leading gains and oil prices surging, investors appear to be rotating back into growth assets, while maintaining caution in consumer and defensive names.
Analysts expect volatility to persist as markets digest upcoming Fed decisions, earnings reports, and inflation data.
In Summary
✅ U.S. markets gained 1.96% overall
✅ Technology and industrials led the charge
❌ Consumer defensive and utilities lagged
SanDisk and Fortrea emerged as major winners
STMicroelectronics and Sonic Automotive topped the losers list
Investors now turn attention to Fed and major tech earnings for direction next week.