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U.S. stocks rebounded today, following several days of market declines. In economic news, consumer sentiment fell in October but remains at high levels overall. In corporate news, J.P. Morgan, PNC, and Citigroup reported earnings above analysts' expectations, while Wells Fargo reported lower-than-expected results. U.S. Treasury prices were lower as yields rose. The Dow Jones Industrial Average fell 1107 points, or 4%, for the week.
The Dow Jones Industrial Average* was up 287 points or 1.1% to 25,340
The Standard & Poor's 500 Index was up 39 points or 1.4% to 2,767
The NASDAQ Composite Index was up 168 points or 2.3% to 7,497
The 30-year Treasury yield closed higher at 3.34% and the 10-year Treasury yield finished higher at 3.16%.
The spot price of gold fell $6.25 to $1,217.85
And the price of crude oil rose $0.56 to $71.53
See our Weekly Market Update.
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