On October 16, U.S. stock markets rebounded, with major indices rising as earnings from Morgan Stanley and United Airlines contributed to investor optimism.

On October 16, U.S. stock markets rebounded, with the Dow Jones rising 337.28 points (0.79%) to 43,077.70, the S&P 500 increasing by 27.21 points (0.47%) to 5,842.47, and the Nasdaq climbing 51.49 points (0.28%) to 18,367.08. Strong earnings reports, particularly from Morgan Stanley and United Airlines, contributed to the gains. Overall, 79% of S&P 500 companies that reported exceeded expectations, bolstering investor optimism.

October 16, 2024
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