The Dow is up 135 points this afternoon
| 10/11/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stocks Cruising Alongside Oil, Bank Momentum | By: Jake Scott | Energy and bank stocks are giving Wall Street a major boost this afternoon. Oil topped $82 a barrel earlier in the session, while major U.S. banks will unofficially kick off earnings season later this week. At last check, the Dow Jones Industrial Average (DJI) is up around 135 points, while the Nasdaq Composite (IXIC) and the S&P 500 Index (SPX) each sit well above breakeven. All three benchmarks are cruising toward their fourth win in five trading days. Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), is pacing for its fifth-straight loss. Continue reading for more on today's market, including: - See what Deutsche Bank had to say about Starbucks stock.
- Why call traders are bombarding Cleveland-Cliffs stock.
- Plus, SoFi's bullish frenzy; Blue Apron stock staging a comeback; and PCG falls on expected outages.
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