Home / Business and Economy / Dow Jumps 300+ Points as Citigroup Earnings Beat Expectations
Dow Jumps 300+ Points as Citigroup Earnings Beat Expectations
14 Oct
Summary
- Dow Jones index gains over 300 points
- Citigroup reports better-than-expected Q3 earnings
- Astria Therapeutics shares surge 39% on acquisition news
As of October 15, 2025, the U.S. stock market experienced a mixed performance, with the Dow Jones index gaining more than 300 points, while the NASDAQ fell slightly. The Dow traded up 0.72% to 46,399.60, while the NASDAQ declined 0.17% to 22,656.09. The S&P 500 also rose, gaining 0.26% to 6,672.03.
The standout news was Citigroup's (NYSE:C) better-than-expected earnings for the third quarter. The bank reported revenue of $22.09 billion, up 9% year over year and ahead of expectations, as strong performances across various business segments lifted results. Citigroup's net income rose to $3.75 billion, and earnings per share jumped to $2.24 from $1.51 a year earlier, also topping estimates.
In other notable market moves, Astria Therapeutics, Inc. (NASDAQ:ATXS) shares shot up 39% to $11.78 after BioCryst announced plans to acquire the company. Navitas Semiconductor Corporation (NASDAQ:NVTS) also saw a 20% surge to $12.01 after providing a progress update on its advanced power device development.
