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Markets

Berkshire Shares Rose as U.S. Stocks Fell, Nearing 2025 Record Closes

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Berkshire Hathaway shares climbed Friday as major U.S. stock indexes fell, leaving both share classes about 1.4% below their May 2025 record closes after gains in the session. Class B ended at $532.02, up $6.34, or 1.21%. Class A closed at $798,000, gaining $8,514, or 1.08%. The prices were recorded at the 4 p.m. ET (20:00 UTC) close on Oct. 16. The S&P 500 declined 1.1% to 7,659.44, the Nasdaq Composite lost 2.1% to 26,140.03 and the Dow Jones Industrial Average slipped 0.3% to 52,002.41. All three major indexes finished lower. Berkshire’s record closes came on May 2, 2025, the trading day before Berkshire chairman emeritus Warren E. Buffett announced he planned to step down as CEO. Class B’s record close was $539.80, while Class A’s was $809,350.

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