Wall Street ends up on earnings optimism, eyes remain on Middle East

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NEW YORK: Major US stock indices ended sharply higher on Monday (Oct 16) as investors were optimistic about the start of earnings season, while transp...

A strategist says Monday’s market is one that sees a stronger earnings season, a stronger week in terms of earnings. – AFPpic

Market participants were monitoring the Israeli war in Gaza, but appeared to be taking more of a risk-on stance on Monday, with safe-haven gold prices down. Charles Schwab shares jumped 4.7% as the brokerage posted a smaller-than-expected drop in quarterly profit.

 

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