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The Closing Bell: U.S. Stocks Rally; Dow Enjoys Triple-Digit Revival

TedTed
edited October 2014 in Fund Discussions
FYI: Following steep losses and massive intraday swings over the past five days the U.S. stock market is wrapping up the week on a relative high note, with the main benchmarks registering more than 1% gains on Friday.
Earlier in the week, investors exhibited panicky selling behavior as concerns over global growth, volatility in oil and the dollar, as well as fear of the spread of Ebola converged.
On Friday, stocks got a boost from upbeat earnings reports from heavyweights, such as General Electric, Honeywell and Morgan Stanley. Those cheery earnings reports may be just what the markets need
Regards,
Ted

Markets At A Glance: http://markets.wsj.com/us

WSJ Slant: http://online.wsj.com/articles/u-s-stock-futures-rally-amid-upbeat-earnings-reports-1413548278#printMode

Comments

  • Yes.

    This was day I expected after AA reported!

    Which rebounded today nicely, up nearly 7%.

    Would be nice to see some stability next week...steadily up.

    c
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