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Barchart
Barchart
Rich Asplund

Stocks Climb on Strong Q3 Earnings and Easing Trade Concerns

The S&P 500 Index ($SPX) (SPY) today is up +1.01%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.40%.  December E-mini S&P futures (ESZ25) are up +0.95%, and December E-mini Nasdaq futures (NQZ25) are up +1.35%.

Stock indexes are moving higher today as better-than-expected quarterly earnings results spark risk-on sentiment in equity markets. Strength in chipmakers is leading technology stocks higher, with ASML Holding up more than +3% after reporting stronger-than-expected Q3 new orders.  Also, Morgan Stanley is up more than +6% and Bank of America is up more than +5% after reporting solid Q3 earnings.

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