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US Equity Markets Close Mixed Amid Sharp Decline in Precious Metals, Declining Government Bond Yields
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US Equity Markets Close Mixed Amid Sharp Decline in Precious Metals, Declining Government Bond Yields
Oct 21, 2025 1:40 PM

04:10 PM EDT, 10/21/2025 (MT Newswires) -- US equity indexes closed mixed on Tuesday amid a sharp decline in metal prices and falling government bond yields, while the Dow Jones hit a record high backed by Coca-Cola (KO) and 3M's ( MMM ) strong earnings reports.

* The partial US federal government shutdown has become the second-longest in US history as it entered its 21st day, USA Today reported. There are no votes scheduled on Capitol Hill on Tuesday.

* Tech stocks were lower Tuesday after President Donald Trump raised doubts about his planned meeting next week with Chinese President Xi Jinping, saying, "Maybe it won't happen," CNBC reported.

* November West Texas Intermediate crude oil rose $0.34 to settle at $57.86 per barrel, while December Brent crude, the global benchmark, was last seen up $0.42 to $61.43.

* General Motors ( GM ) shares were up nearly 15% after the company raised its full-year earnings forecast and cut its projected tariff impact after Q3 beat expectations.

* Newmont ( NEM ) shares dropped about 9% along with declines in gold and silver mining peers amid a sharp sell-off in precious metals from record highs.

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