Advertisment
The Dow Jones Industrials were back in plus territory early Wednesday, as Wall Street looks to see whether equities can rebound to record highs this week.
The 30-stock index surged 168.8 points to 42,909.22.
The S&P 500 index regained 7.14 points to 5,822.40.
The NASDAQ Composite dipped 14.32 points to 18,301.27.
Shares of Morgan Stanley rose 3% after topping Wall Street estimates for both its third-quarter earnings and revenue.
Earnings reports this week have been mixed, with solid reports from major banks somewhat offset by weak outlooks from firms like UnitedHealth Group and Dutch chipmaker ASML
Prices for the 10-year Treasury gained, lowering yields to 4.01% from Tuesday’s 4.03%. Treasury prices and yields move in opposite directions.
Oil prices were lower 20 cents to $70.38 U.S. a barrel.
Gold prices added $15.80 to $2,694.70 U.S. an ounce
