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Stock Market Today: Dow, S&P Live Updates for November 1 - Bloomberg

Nov 02, 2024

Stocks staged a late-week rebound, with traders looking past noisy economic data and uncertainties about one of the most closely contested elections in US history to focus on Corporate America’s strength.

The S&P 500 halted a two-day rout amid solid signals from industry bellwethers. Tech megacaps, which bore the brunt of the recent selling, led gains on Friday. Amazon.com Inc. surged 6.2% after strong results. Intel Corp. rallied 7.8% on a bullish outlook. Exxon Mobil Corp. and Chevron Corp.Bloomberg Terminal beat profit, output and sales estimates. Boeing Co. rose 3.5% on optimism that a lengthy strike is nearing an end. Apple Inc. fell 1.2% after a tepid forecast.