Stock market today: Dow and S&P 500 notch record highs as earnings season kicks off
The Dow and S&P 500 notched new highs on Friday, with the broader index closing above 5,800 for the first time as big US banks got earnings season underway. The Dow Jones Industrial Average (^DJI) rose nearly 1% as JPMorgan Chase (JPM) shares surged.
S&P 500, Dow hit records, boosted by bank earnings surprise
Oct 11 (Reuters) - The S&P 500 and the Dow scored record closing highs on Friday, with the biggest boosts from financial stocks after banks reported strong quarterly results while the latest inflation data supported expectations for a U.S. Federal Reserve rate cut in November.
Stock Market Today: Dow ends slightly lower, stocks eases back from record highs ahead of bank earnings
U.S. stocks were pulling back from record territory in the final hour of trade Thursday as investors looked forward to big banks kicking off earnings season in earnest. "Inflation is ebbing lower, but it's going to take some time," said Anthony Saglimbene, chief market strategist at Ameriprise Financial, in a phone interview.
The Dow Jones Industrial Average is rallying Friday afternoon with shares of JPMorgan Chase and Goldman Sachs leading the way for the blue-chip average. Shares of JPMorgan Chase and Goldman Sachs have ...
The broad index gained 0.6% to end at 5,815.03, while the Dow rallied 409.74 points, or nearly 1%, to finish at 42,863.86.
The Dow Jones Industrial Average climbed 409.74 points, or 0.8%, to 42,863.86, eclipsing its Wednesday record close of 42,512. The blue-chip touched an intraday record high of 42,899.75. The S&P 500 ...
JPMorgan Chase's stock was surging 4.7% in recent trading following better-than-expected third-quarter earnings, which put it on track for its biggest one-day gain since it rallied 7.6% on Apr ...
A strong start to the third-quarter earnings season led to the rally in stocks. The shares of JPMorgan Chase jumped 4.4% ...
Big banks led the Dow higher in Friday morning trading. The blue-chip index was up 233 points, or 0.6%. The S&P 500 was up 0.3%. The Nasdaq Composite was flat. The top stock in the Dow was JPMorgan ...
They may technically be blue chips, but that doesn't necessarily make them your best bets at their discounted prices.
Led by positive momentum for shares of JPMorgan Chase and Goldman Sachs, the Dow Jones Industrial Average is climbing Friday morning. The Dow was most recently trading 173 points (0.4%) higher, as ...
U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected ...
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