Aeron2020
2021-10-14
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Stocks open higher as investors cheer earnings, economic data
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The S&P 500 gained 1% and the Nasdaq Composite added 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/e78b05cccd3e1e511c08d87494584e43\" tg-width=\"1053\" tg-height=\"436\" referrerpolicy=\"no-referrer\"></p>\n<p>Third-quarter earnings season rolled on Wednesday with several big banks and Dow members reporting financial results before the bell.</p>\n<p>Bank of America and Morgan Stanley both saw their shares rise in the morning after beating earnings expectations.Wells Fargo and Citigroup shares each ticked lower despite earnings beats.</p>\n<p>Dow constituents UnitedHealth and Walgreens Boots Alliance also gained after the companies' quarterly results topped estimates.</p>\n<p>A lower-than-anticipated number of weekly jobless claimsadded to the positive market sentiment. Initial unemployment insurance claims last week totaled 293,000 – the first time the tally fell below the 300,000 level during the pandemic-era.</p>\n<p>September's producer price index, which measures wholesale prices, was lighter than expected, also helping sentiment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193244254","content_text":"U.S. stocks rose Thursday after better-than-expected earnings reports from Bank of America and other major companies.\nThe Dow Jones Industrial Average jumped about 409 points, or 1.2%. 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