Wall Street wrapped up the third quarter on a strong note, with the S&P 500 rising about 2.6% and the Nasdaq gaining 3%. Top performers for the quarter were Salesforce, CrowdStrike and Microsoft, while FedEx Freight, Home Depot and Qnity Electronics were the biggest laggards. Eli Lilly announced promising mid-stage trial results for EloraTZP, a combination therapy for obesity showing 23.3% weight loss versus 14.8% for tirzepatide alone, though adverse events were more frequent with the combination. Apple gained 2% in the broader tech rally.
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