04:23 PM EDT, 10/15/2025 (MT Newswires) -- US equity indexes were mixed on Wednesday as major banks reported strong earnings, while the US government shutdown dragged on and US-China trade tensions escalated.

* The partial shutdown entered its third week and may become the longest in U.S. history. House Speaker Mike Johnson said the impasse will persist unless Democrats drop their health-care demands, USA Today reported.

* Federal Reserve Governor Stephen Miran advocated for a further 1.25 percentage-point interest-rate cut beyond September's quarter-point move, calling current policy "quite restrictive" and warning of vulnerability to economic shocks, CNBC reported.

* November West Texas Intermediate crude oil fell $0.26 to settle at $58.44 per barrel, while December Brent crude, the global benchmark, was last seen down $0.28 to $62.11.

* Bunge Global ( BG ) shares rose 13%, the biggest gain on the S&P 500, after the company realigned its segment and volume reporting, effective Q3, following the completion of its merger with Viterra.

* Progressive (PGR) shares fell 5.8%, the second-largest decline on the S&P, after the company reported a smaller-than-expected Q3 profit increase.