Stocks rally to kick off big earnings week: Stock market news October 16 | Yahoo Finance
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Stocks traded higher during afternoon trading on Monday as investors prepared for a host of corporate earnings this week. Wall Street also braced for heightened geopolitical tensions as the US attempted to advance efforts to contain the Israel-Hamas conflict. The Dow Jones Industrial Average (^DJI) increased nearly 1% or about 300 points while the S&P 500 (^GSPC) gained just over 1%. The tech-heavy Nasdaq Composite (^IXIC) increased about 1.1%. Earnings season picks up steam this week, with reports from Goldman Sachs (GS) and Bank of America (BAC) due Tuesday after upbeat results from their Wall Street peers. Updates from Tesla (TSLA) and Netflix (NFLX) kick off tech earnings on Wednesday, […]