Market Report - US Close

US close: Morgan Stanley leads markets higher, Dow hits new record

By Benjamin Chiou

Date: Wednesday 16 Oct 2024

(Sharecast News) - US equity markets rallied into the close on Wednesday with the Dow hitting a fresh record high as more forecast-beating earnings in the banking sector offset weakness among tech stocks.
The Dow finished 0.8% higher at 43,077.70, settling marginally higher than Monday's all-time high of 43,065.22. Meanwhile, the...

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