The Dow is up 445 points
| 10/14/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Continues Climb on Slew of Upbeat Data | By: Jake Scott | Stocks are higher this afternoon, thanks to a slew of upbeat earnings reports and jobless claims data. Major banks have unofficially kicked off earnings season, and the latest report from Bank of America (BAC) showed top- and bottom-line beats for the third-quarter. Meanwhile, jobless claims for last week finished narrower than expected, and fell below 300,000 for the first time since the pandemic's start. As a result, the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) both sport a triple-digit lead, with the former up around 445 points. The broader-market S&P 500 Index (SPX) is also trading in the black, boosted by eight components that reported earnings-per-share wins before the bell. Continue reading for more on today's market, including: - The new partnership sending Shopify stock higher.
- UPS calls pop after analyst upgrade.
- Plus, the scoop on Fubotv options; Grove stock's biggest single-day pop ever; and regulatory moves put pressure on FUTU.
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