Stocks Higher After Tuesday's Sell-Off

Written By Timmy Adami

October 16, 2024

MRKT Matrix - Wednesday, October 16th

  • Dow climbs 300 points to another record close on Wednesday (CNBC)

  • Nvidia Will Dominate Big Tech’s Earnings Season Again (WSJ)

  • ASML’s Plunge Shows the Diverging Fortunes of Chipmakers From AI (Bloomberg)

  • Citi upgrades Cisco Systems, says Wall Street is underestimating AI tailwinds (CNBC)

  • US Mortgage Rates Climb to 6.52%, Highest Since Early August (Bloomberg)

  • Morgan Stanley tops estimates on better-than-expected wealth management, trading and banking results (CNBC)

  • Investor sentiment starting to enter into frothy territory with so much going well for stock market (CNBC)

  • What 66 Economists Say About Where the Economy Is Headed, in Charts (WSJ)

Timmy Adami
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