US stocks rise with earnings reports in focus

2020-10-14 14:55:47 GMT (Economies.com)
US stocks rise with earnings reports in focus

The major US stock benchmarks rose on Wednesday, as investors anticipate the release of Q3 corporate earnings reports, which is usually ushered by banks.

 

Citigroup, Goldman Sachs and Bank of America all ​​reported mixed earnings during the third quarter of 2020.

 

Otherwise, investors are following the ongoing debate about the $1.8 trillion fiscal stimulus package that has been proposed by the Trump administration to ease the coronavirus economic impact.

 

President Trump confirmed that he has recovered from the coronavirus after a short period and now has developed immunity to the virus, adding that he felt like a "superman" after beating the virus

 

As for stocks, Dow Jones rose 0.2% or 50 points to 28,730 as of 15:20 GMT, Nasdaq rose 0.1% or 15 points to 11,878, and S&P 500 rose 0.2% or 8 points to 3,520.

 
 
 
  Symbol Last Change Chg.%
1.1834
0.0055
0.4652%
1.3027
0.0040
0.3053%
Tadawul
8154.59
-312.66
3.69%
24.337
-0.437
1.764%
39.153
-1.790
4.371%
41.77
-0.87
2.04%
1898.510
-13.505
0.706%
 
 
US
 
Europe
 
Asia