So much for Shocktober. Wall Street's often scary month for stocks has suddenly turned into Rocktober. The Dow surged nearly 600 points, or 2%, shortly after the opening bell Tuesday. Strong earnings from blue chip companies lifted the market's mood.
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News: What you need to know about the markets | | | | Stocks surge again as Corporate America's earnings impress | So much for Shocktober. Wall Street's often scary month for stocks has suddenly turned into Rocktober. The Dow surged nearly 600 points, or 2%, shortly after the opening bell Tuesday. Strong earnings from blue chip companies lifted the market's mood. Read more » | | Netflix is back to growing after a nightmare year of losing subscribers | After two quarters of bleeding subscribers, Netflix appears to be back on track -- in a big way. Read more » | | The UK just stepped back from the brink. But there's more trouble ahead | The decision by Jeremy Hunt, the new UK finance minister, to jettison the bulk of Prime Minister Liz Truss' much-maligned plans to boost growth has come as a huge relief to investors, easing their worries about the sustainability of government finances. Read more » | | Goldman Sachs overhauls banking and trading units | Goldman Sachs announced a major reorganization Tuesday as the Wall Street powerhouse grapples with market volatility. Read more » | | The strong dollar has an unexpected victim | The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year. Read more » | | First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says | Stubborn inflation and the Federal Reserve's jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. Read more » | | | | | | | |
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| +337.98 | | +96.60 | | +42.03 | 30,523.80 | | 10,772.40 | | 3,719.98 | +1.12% | | +0.90% | | +1.14% | YTD -16.00% | | YTD -31.14% | | YTD -21.95% | | | |
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Biggest Winners | Carnival Corp | +11.14% | | Lockheed Martin Corp | +8.69% | | Norwegian Cruise Line Holdings Ltd | +8.57% | | Royal Caribbean Cruises Ltd | +7.56% | | Biggest Losers | Truist Financial Corp | -2.39% | | Carmax Inc | -2.16% | | First Republic Bank | -1.76% | | Zimmer Biomet Holdings Inc | -1.34% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $83.62 | -1.84 / -2.15% | | Gold | $1,656.50 | -7.50 / -0.45% | | 10-yr | 4.00% | -0.02 | | Euro | $0.99 | +0.00 / +0.11% | | |
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