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Dow JonesCNBC
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89% Informative
The S&P 500 and Nasdaq jumped 1.1% each, while the Dow toted a 1.2% gain.
A strong start to the third-quarter earnings season provided a lift to stocks.
JPMorgan Chase rose 4.4% after topping profit and revenue expectations, while Wells Fargo popped 5.6% .
About 415 members of the broad index were heading for gains in afternoon trading.
Uber led the S&P 500 higher with a gain of more than 9% as Tesla 's robotaxi event appeared to soothe investor concerns.
BTIG believes investors should focus more on sector rotations for the time being.
The S&P 500 opened little changed Friday , but headed for a fifth consecutive winning week.
The Nasdaq Composite dipped 0.3% , while the Dow Jones Industrial Average gained 140 points.
JPMorgan shares fell into negative territory in premarket trading Friday after CEO Jamie Dimon poured cold water on buyback expectations.
Wells Fargo reported lower earnings and revenue in the third quarter .
VR Score
94
Informative language
96
Neutral language
70
Article tone
formal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
4
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