Stock market today: Dow jumps 337 points to fresh record as US stocks rise on solid earnings
- Stocks rose on Wednesday after traders took in a handful of strong corporate earnings reports.
- Morgan Stanley and United Airlines beat estimates, sending shares up 7% and 14% respectively.
- Chip stocks wavered after Tuesday’s selloff, with eyes on TSMC ahead of earnings.
Stock market today: Dow jumps over 300 points to hit fresh record, lead stock rebound
'Economic blow': Experts warns of US election's potential impact on Canadian economy
University of Calgary economics professor, Trevor Tombe, discusses the upcoming US election and its potential impact on the Canadian economy.
This interview has been edited for clarity and length.
Michael Higgins: Your report raises a red flag about protectionist policies, but is it just Donald Trump who Canadians should be paying attention to?
Read MoreTrump Dismantling the Rule of Law Will Destroy the Economy
On Tuesday, a Georgia court scored a victory for the rule of law and free and fair elections. Judge Robert McBurney issued an order stopping the enforcement of a Sept. 20 rule promulgated by the MAGA majority of the State Election Board. With early voting in Georgia about to begin, McBurney’s order stated that the rule was “too much,
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Read MoreNvidia stock rises to intraday record high as Wall Street stays bullish ahead of earnings
Nvidia (NVDA) stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November.
Shares of the leading AI chipmaker rose over 4% to close at $143.71 per share.
The move comes as Wall Street analysts reiterate their Buy ratings on the stock.
Read MoreThe Burst
The Ivy
92,214 Burger Joints But Only 1 Is a Meaty Buy
No matter the market conditions, some stocks stand the test of time as if economic booms and busts don’t matter. When you stumble across those stocks it’s worth seriously considering adding them to your portfolio.
Here’s why.
When markets fall, retail traders on average suffer more. One research report showed recently that with markets down 21% this year,
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