Stocks surge again as Corporate America's earnings impress

So much for Shocktober. Wall Street's often scary month for stocks has suddenly turned into Rocktober. The Dow surged nearly 600 points, or 2%, shortly after the opening bell Tuesday. Strong earnings from blue chip companies lifted the market's mood.

News: What you need to know about the markets     Stocks surge again as Corporate America's earnings impress So much for Shocktober. Wall Street's often scary month for stocks has suddenly turned into Rocktober. The Dow surged nearly 600 points, or 2%, shortly after the opening bell Tuesday. Strong earnings from blue chip companies lifted the market's mood. Read more »   Netflix is back to growing after a nightmare year of losing subscribers After two quarters of bleeding subscribers, Netflix appears to be back on track -- in a big way. Read more »   The UK just stepped back from the brink. But there's more trouble ahead The decision by Jeremy Hunt, the new UK finance minister, to jettison the bulk of Prime Minister Liz Truss' much-maligned plans to boost growth has come as a huge relief to investors, easing their worries about the sustainability of government finances. Read more »   Goldman Sachs overhauls banking and trading units Goldman Sachs announced a major reorganization Tuesday as the Wall Street powerhouse grapples with market volatility. Read more »   The strong dollar has an unexpected victim The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year. Read more »   First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says Stubborn inflation and the Federal Reserve's jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. Read more »

Dow Nasdaq S&P +337.98   +96.60   +42.03 30,523.80   10,772.40   3,719.98 +1.12%   +0.90%   +1.14% YTD -16.00%   YTD -31.14%   YTD -21.95%

Biggest Winners Carnival Corp +11.14%   Lockheed Martin Corp +8.69%   Norwegian Cruise Line Holdings Ltd +8.57%   Royal Caribbean Cruises Ltd +7.56% Biggest Losers Truist Financial Corp -2.39%   Carmax Inc -2.16%   First Republic Bank -1.76%   Zimmer Biomet Holdings Inc -1.34%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $83.62 -1.84 / -2.15% Gold $1,656.50 -7.50 / -0.45% 10-yr 4.00% -0.02 Euro $0.99 +0.00 / +0.11%

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