Intel, JPMorgan Earnings Lift U.S. Stocks
October 14, 2010 · Posted in Business finance
Windsor Genova – AHN News News Writer
New York, NY, United States (AHN) – Higher than expected quarterly earnings from Intel Corp. and JPMorgan Chase lifted stocks on Wednesday with the blue chips index rising to its highest close since May 3.
The Dow Jones Industrial Average gained nearly 76 points or 0.7 percent to close at 11,096.
The Standard & Poor’s 500 Index was up 8 points or 0.7 percent to end at 1,178.
The Nasdaq Composite Index rose 23 points or 1 percent to close at 2,441.
Meanwhile, gold futures for December delivery jumped $23.80 to close at a record high of $1,370 an ounce.
Crude oil price rose $1.29 to settle at $83 per barrel.
Article © AHN – All Rights Reserved
View full post on Economy, Business And Finance Stories
- Personal Loans Bad Credit: An Option For The Debtors
- Personal Loans to Help You, With or Without Collateral
- Britain to hike national minimum wage beginning October
- EUR/ CHF – Instability in Eurozone may push Euro down further
- Bad Credit Unsecured Loans – A Help In Bad Times
- Personal Loans Despite All Odds!
- Cash Loans For The Unemployed For Instant Help
- Unsecured Loans and Recent Bankruptcy
- Sanford International Airport Opting Out of TSA Screening, Hiring Own Firm
- Number of bank failures fell in 2011
