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Oct 17, 2025 12:20 PM

Gold Falls 1%; SLB Posts Better-Than-Expected Q3 Earnings

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Friday.

The Dow traded up 0.48% to 46,172.36 while the NASDAQ gained 0.18% to 22,605.82. The S&P 500 also rose, gaining, 0.29% to 6,648.25.

Check This Out: How To Earn $500 A Month From Steel Dynamics Stock Ahead Of Q3 Earnings

Leading and Lagging SectorsConsumer staples shares jumped by 1.2% on Friday.

In trading on Thursday, utilities stocks fell by 0.4%.

Top Headline

SLB (NYSE:SLB) posted stronger-than-expected third-quarter 2025 results as its acquisition of ChampionX and continued momentum in digital operations helped offset global headwinds in drilling and production markets.

The company reported revenue of $8.93 billion, up 4% sequentially and down 3% year over year, narrowly beating Wall Street’s $8.93 billion estimate. Adjusted EPS came in at 69 cents, topping the 66 cents estimate, though down 7% sequentially and 22% year over year.

Equities Trading UP           

Rani Therapeutics Holdings Inc (NASDAQ: