Dow Jones Industrial Average rises 23 points
The Dow climbed 23.9 points, or 0.09% to close at 27,025.88. The S&P 500 gained 0.28% to 2,997.95. The Nasdaq Composite advanced 0.40% to end the day at 8,156.85. Continuing earnings momentum and hopes of a Brexit deal lifted the major indexes.
Strong earnings and a 'great' Brexit deal
Netflix and Morgan Stanley both reported quarterly earnings that topped analyst expectations, adding to a string of better-than-expected results to start off the season. Of the S&P 500 companies that have posted results thus far, nearly 80% have beaten analyst expectations, FactSet data shows. Sentiment also got a boost after Prime Minister Boris Johnson said the U.K. and EU reached a "great new Brexit deal."
Netflix and Morgan Stanley rise
What happens next?
American Express and Coca-Cola are among the companies slated to report on Friday. Investors will also look ahead to any developments on the Brexit front. Read more here.
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October 18, 2019 at 03:07AM
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Here's what happened to the stock market on Thursday - CNBC
Business - Latest - Google News
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