Stocks Rise Amid Optimism on US-China Trade Talks and Fed Rate Cuts

Monday, Oct 27, 2025 6:50 pm ET1min read

US stocks rallied on optimism over a potential trade truce with China and expectations of lower interest rates. Academy Sports, Sportsman's Warehouse, and Petco shares jumped 3.3%, 4%, and 4.6%, respectively. Petco's shares are volatile, with 53 moves greater than 5% over the last year. Despite a sales decline, Petco reported impressive Q4 2024 results with in-line sales and significantly higher EBITDA.

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