Wall St opens higher as banks report strong quarter

Wall St opens higher as banks report strong quarter

Stock Markets11 minutes ago (Oct 14, 2021 10:21AM ET)

(C) Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 13, 2021. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened higher on Thursday after big banks reported better-than-expected quarterly results, helping investors to look away from inflation concerns.

The Dow Jones Industrial Average rose 65.41 points, or 0.19%, at the open to 34,443.22. The S&P 500 opened higher by 22.95 points, or 0.53%, at 4,386.75, while the Nasdaq Composite gained 145.87 points, or 1%, to 14,717.50 at the opening bell.

Wall St opens higher as banks report strong quarter

UniCredit, Amundi back Italy’s first private equity fund for small savers
By Reuters – Oct 14, 2021

MILAN (Reuters) – A number of leading financial firms including UniCredit and Credit Agricole (OTC:CRARY)’s asset manager Amundi have sponsored Italy’s first private equity fund…

Stocks rise as Wall Street wades into bank earnings blizzard
By Reuters – Oct 14, 2021

By Marc Jones LONDON (Reuters) – World markets stayed focused on rising inflation on Thursday as banks and tech rebooted global equities, oil and gas prices fired up again, but…

IKEA warns supply chain disruptions likely to last into 2022
By Reuters – Oct 14, 2021

By Anna Ringstrom STOCKHOLM (Reuters) -IKEA, the world’s biggest furniture brand, is leasing more ships, buying containers and re-routing goods between warehouses as it works hard…

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