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Oct. 14, 2021, 4:03 p.m. EDT

Dow finishes more than 500 points higher after strong earnings

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By William Watts

Stocks ended sharply higher Thursday, lifted by a strong start to earnings season, including largely upbeat results from big banks and a pair of Dow components. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.17% rose around 534 points, or 1.6%, to finish near 34,912, according to preliminary figures. Gains for the blue-chip gauge were led by Walgreens Boots Alliance Inc., up 7.4%, and UnitedHealth Group Inc., up 4.2%, after reporting results. The S&P 500 /zigman2/quotes/210599714/realtime SPX -0.84% advanced advanced around 74 points, or 1.7%, to end near 4,438 , while the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -1.92% advanced around 252 points, or 1.7%, to close near 14,823. Share of Bank of America /zigman2/quotes/200894270/composite BAC -2.27% jumped 4.5%, while Morgan Stanley /zigman2/quotes/209104354/composite MS -0.66% added 2.5% after beating estimates.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,580.08
-59.71 -0.17%
Volume: 444.85M
Dec. 3, 2021 5:35p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,538.43
-38.67 -0.84%
Volume: 2.71B
Dec. 3, 2021 5:35p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
15,085.47
-295.85 -1.92%
Volume: 4.96M
Dec. 3, 2021 5:16p
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/zigman2/quotes/200894270/composite
US : U.S.: NYSE
$ 43.87
-1.02 -2.27%
Volume: 74.61M
Dec. 3, 2021 4:00p
P/E Ratio
13.12
Dividend Yield
1.91%
Market Cap
$359.04 billion
Rev. per Employee
$445,624
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/zigman2/quotes/209104354/composite
US : U.S.: NYSE
$ 98.21
-0.65 -0.66%
Volume: 9.81M
Dec. 3, 2021 4:02p
P/E Ratio
12.54
Dividend Yield
2.85%
Market Cap
$176.23 billion
Rev. per Employee
$766,074
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