US Stock Market Highlights: The Dow Jones Industrial Average staged a big comeback on Tuesday (October 14), clawing back a drop of more than 600 points, as investors tried to look past the latest worries around US-China trade. The Dow was last up 428 points, or nearly 1%. At its session lows, it fell 615.55 points. The S&P 500 ticked up roughly 0.3% and the Nasdaq Composite traded down more than 0.2%—well off their session lows.
US Stock Market Highlights: The Dow Jones Industrial Average staged a big comeback on Tuesday (October 14), clawing back a drop of more than 600 points, as investors tried to look past the latest worries around US-China trade. The Dow was last up 428 points, or nearly 1%. At its session lows, it fell 615.55 points. The S&P 500 ticked up roughly 0.3% and the Nasdaq Composite traded down more than 0.2%—well off their session lows. Tech stocks such as Nvidia remained under pressure. However, a strong start to the earnings season serves as an encouraging sign that fundamentals remain strong. Citigroup and Wells Fargo rose 3.4% and 7%, respectively, on better-than-expected earnings. JPMorgan and Goldman also beat estimates, but they fell more than 1%.
