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Stock Market Today: Dow, S&P Live Updates for Oct. 15, 2021 - Bloomberg

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Stock traders piled into companies that are more likely to benefit from an economic rebound amid solid corporate earnings and a surprise increase in retail sales. Treasuries fell.

Equities rose even after data showing that consumer sentiment dropped in early October. Banks and retailers led gains in the S&P 500, which headed toward its best week since July. Tech underperformed. Goldman Sachs Group Inc. climbed after posting a surge in its trading business, while broker Charles Schwab Corp. rallied on record earnings. Trucking giant J.B. Hunt Transport Services Inc. and Alcoa Corp. -- the biggest U.S. aluminum producer -- also surged on better-than-estimated results.

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October 15, 2021 at 04:57AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 15, 2021 - Bloomberg
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