US sharemarkets rose after the release of strong company earnings and economic data. Morgan Stanley posted stronger-than-expected earnings, but the bank's shares fell 2.8% as it also disclosed an almost US$1 billion loss from the collapse of private fund Archegos. Shares of PNC Financial gained 2.3% after the bank beat estimates for its first-quarter report. The Dow Jones index rose by 165 points or 0.5% and the S&P 500 index gained 0.4% -both closing at record highs. The Nasdaq index added 14 points or 0.1%. For the week, the S&P 500 index rose 1.4%, the Dow Jones index added 1.2% and the Nasdaq index gained 1.1%.
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Market Close 21 Oct 22: ASX 200 slumps by 0.8%
Morning Report 21 Oct 22: US sharemarkets fell on Thursday
Market Close 20 Oct 22: ASX 200 slumps by 1%
Morning Report 20 Oct 22: US sharemarkets halted a two-day rally on Wednesday
Market Close 19 Oct 22: Title: ASX 200 lifts for 2nd day
Morning Report 19 Oct 22: US sharemarkets advanced on Tuesday
Market Close 18 Oct 22: ASX 200 surges by 1.7%
Morning Report 18 Oct 22: US sharemarkets lifted on Monday
Market Close 17 Oct 22: ASX 200 tumbles by 1.4%
Morning Report 17 Oct 22: US sharemarkets gave back the previous day’s gains on Friday
Market Close 14 Oct 22: ASX 200 surges by 1.75%.
Morning Report 14 Oct 22: US sharemarkets rebounded on Thursday
Market Close 13 Oct 22: ASX 200 treading water ahead of US inflation update
Morning Report 13 Oct 22: US sharemarkets eased on Wednesday
Market Close 12 Oct 22: ASX 200 finishes flat in choppy trade
Morning Report 12 Oct 22: US sharemarkets eased in late trade on Tuesday
Market Close 11 Oct 22: ASX 200 falls for a 3rd day
Morning Report 11 Oct 22: US sharemarkets were mixed on Monday in thin trade
Market Close 10 Oct 22: ASX 200 extends losses to second straight day
Morning Report 10 Oct 22: US sharemarkets were weaker on Friday
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