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2021-10-18

Dow adds 200 points following earnings beats, surprise retail sales gain

U.S. stock indexes rose on Friday as better-than-expected third-quarter earnings reports set the S&P

Dow adds 200 points following earnings beats, surprise retail sales gain

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S&amp;P 500 futures added 0.5% and Nasdaq 100 futures rose 0.5%.</p>\n<p><img src=\"https://static.tigerbbs.com/48f7dc7debfcaa75b7e218cca2a48bbd\" tg-width=\"1041\" tg-height=\"369\" referrerpolicy=\"no-referrer\"></p>\n<p>Earnings momentum continued Friday as&nbsp;Goldman Sachs' third-quarter results&nbsp;beat significantly on the top and bottom line. The bank stock gained more than 1%.</p>\n<p>The stellar report came after earnings beats from other big banks earlier in the week. Financial heavyweights JPMorgan, Bank of America, Morgan Stanley and Citigroup were among the firms topping expectations.</p>\n<p>Moderna added 2% in morning trading after rising 3.2% yesterday, following an FDA panel recommendation for a booster dose of its Covid-19 vaccine. The panel recommended approval of a booster for people 65 and over as well as those at high risk.</p>\n<p>Retail sales posted a&nbsp;surprise increase&nbsp;in September, rising 0.7%. Economists polled by Dow Jones were expecting a 0.2% decline.</p>\n<p>Virgin Galactic shares tumbled 14%&nbsp;after it said it would delay the launch of its commercial space service to the fourth quarter of 2022 from the third quarter. The company is taking the extra time to work on improvements to its space vehicles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118158641","content_text":"U.S. stock indexes rose on Friday as better-than-expected third-quarter earnings reports set the S&P 500 on track for a winning week.\nThe Dow Jones Industrial Average gained about 200 points, or 0.6%. S&P 500 futures added 0.5% and Nasdaq 100 futures rose 0.5%.\n\nEarnings momentum continued Friday as Goldman Sachs' third-quarter results beat significantly on the top and bottom line. The bank stock gained more than 1%.\nThe stellar report came after earnings beats from other big banks earlier in the week. Financial heavyweights JPMorgan, Bank of America, Morgan Stanley and Citigroup were among the firms topping expectations.\nModerna added 2% in morning trading after rising 3.2% yesterday, following an FDA panel recommendation for a booster dose of its Covid-19 vaccine. The panel recommended approval of a booster for people 65 and over as well as those at high risk.\nRetail sales posted a surprise increase in September, rising 0.7%. Economists polled by Dow Jones were expecting a 0.2% decline.\nVirgin Galactic shares tumbled 14% after it said it would delay the launch of its commercial space service to the fourth quarter of 2022 from the third quarter. 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