Dow soars back above 30,000

Stocks rallied sharply Monday, thanks to more strong earnings from big banks and a sigh of relief about new plans by the United Kingdom to scrap a controversial tax cut plan.

News: What you need to know about the markets     Dow soars back above 30,000 Stocks rallied sharply Monday, thanks to more strong earnings from big banks and a sigh of relief about new plans by the United Kingdom to scrap a controversial tax cut plan. Read more »   New UK finance minister races to calm markets with quick reset Britain's new finance minister, just days into the job, will rush out details of a revised tax and spending plan on Monday in a frantic effort to control jittery markets. Read more »   The housing market is a mess, but this isn't 2008 The largest US banks reported relatively solid third-quarter earnings on Friday. But within those reports, investors found ominous clues about the future of the housing market, underscoring fears of an upcoming crisis. Read more »   World's largest academic endowment lost money for the first time since 2016 Harvard University's endowment lost $2.3 billion in fiscal 2022, blaming the loss on both the global market downturn as well as the university's commitment to climate goals. Read more »   Last chance to lock in a nearly 10% return on your savings Inflation is soaring, markets are down and savings rates are still very low. But there's one investment that offers a nearly 10% return for the next several months. But you'd need to act quickly. Read more »   Tesla investors try to look past Elon Musk's many, many distractions Elon Musk now wants to buy Twitter after all. While that's good news for Twitter's long-suffering shareholders, Tesla investors hope he still has some time for them. They need a little help, too. Read more »

Dow Nasdaq S&P +550.99   +354.41   +94.88 30,185.82   10,675.80   3,677.95 +1.86%   +3.43%   +2.65% YTD -16.93%   YTD -31.76%   YTD -22.83%

Biggest Winners Ceridian HCM Holding Inc +8.04%   Bank of America Corp +6.06%   First Republic Bank +5.97%   Prologis Inc +5.73% Biggest Losers Kroger Co -2.43%   Charles Schwab Corp -2.25%   Cigna Corp -1.82%   Altria Group Inc -1.41%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $85.58 -0.03 / -0.04% Gold $1,656.20 +7.30 / +0.44% 10-yr 4.01% +0.00 Euro $0.98 +0.01 / +1.05%

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