Daily Report 19.10.2022
Објавено: 19. 10. 2022

Dow closes up more than 300 points as strong earnings boost stocks in choppy market; European markets close higher after UK fiscal U-turn; Holcim rises 2.6% 
Stocks rose for a second straight session on Tuesday as strong corporate earnings reports helped extend a rally to start the week. 
The Dow Jones Industrial Average gained 337.98 points, or 1.12%, to close at 30,523.80. The S&P 500 climbed 1.14% to 3,719.98. The Nasdaq Composite added 0.90%, finishing at 10,772.40. Those gains built on a bigger upside move from Monday, which saw the Nasdaq rise more than 3% for its best day since July. 
Goldman Sachs rose 2.3% to boost the Dow after strong trading results helped the investment bank beat quarterly earnings and revenue expectations. That report continued a strong stretch of bank earnings, including beats from Bank of America and Bank of New York Mellon on Monday, and the financial sector as a whole outperformed on Tuesday. 
Lockheed Martin also rose 8.7% after its earnings per share topped estimates. 
Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago. 

The Stoxx 600 index rose 0.44% by the end of the session as all major bourses made gains. 
French cement company Lafarge SA will plead guilty and pay a fine of $777.8 million to resolve a U.S. federal criminal charge over its payments to terror organization ISIS to keep a cement plant operating in Syria. Lafarge was purchased by Switzerland-based Holcim in 2015. Shares of Holcim Group were up 2.19% following the news. 
Source: CNBC, Investing.com