Soft Inflation Data Drives Major Indexes to Record Highs

The Dow Jones Industrial Average (DJI) is up more than 440 points this afternoon, already notching a record high, after cooler-than-expected inflation data released for September. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also higher after securing all-time highs of their own, as Wall Street hopes the reading will encourage the Federal Reserve to cut interest rates. While U.S. trade tensions with Canada and China remain, all three major indexes are on pace for weekly gains.

Continue reading for more on today's market, including: 

Deckers Outdoor Corp (NYSE:DECK) is among the stocks seeing unusual options activity today, after the Hoka and UGG maker surpassed fiscal second-quarter profit estimates but also issued a lackluster fiscal-year outlook. So far today, 47,000 calls and 32,000 puts have already crossed the tape, which is 13 times the volume typically seen at this point. The most active contract is the weekly 10/24 85-strike put, where positions are being bought to open. DECK was last seen off 13.1% to trade at $89.07, pacing for its worst day since May after earlier slipping to a two-year-low of $86.83. Shares are down 56.5% in 2025.

Ford Motor Co (NYSE:F) is one of the best performers on the SPX today, up 9.9% at $13.56 at last check. The automaker beat third-quarter earnings and revenue estimates, but slashed its 2025 guidance after a supplier fire disrupted production of its large trucks and SUVs. F sports a 36% year-to-date lead and is on track for its best day since January 2022, and earlier surged to a 52-week high of $13.60 on a bounce off the supportive 80-day moving average.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares were last seen down 7.5% at $92.72, after the company slashed its full-year revenue profit outlook, despite matching analyst estimates for its fiscal second quarter report. Eyeing its worst daily drop since May, BAH is off 28% in 2025.