CNBC Daily Open: Russell 2000’s best day since July bodes well for markets
Publishing timestamp: 2023-10-17 02:00:01
Summary
The article discusses the optimism among investors due to strong earnings reports, the rebound of China's economy, the potential benefits for big tech companies if Jim Jordan is elected speaker of the U.S. House, Biden's visit to Israel, the potential boost for non-energy stocks from rising oil prices, and the positive start to the third-quarter earnings season. The article also mentions the increase in major U.S. indexes and the potential for further market growth.
Sentiment: POSITIVE
Tickers: JPM, .DJI, SNAP, 2007-HK, .IXIC, .SPX, MS, .RUT, SCHW, META, WFC,
Keywords: charles schwab corp, joe biden, dow jones industrial average, united states, benjamin netanyahu, meta platforms inc, evan spiegel, morgan stanley, snap inc, israel, jim jordan, technology, jpmorgan drn, richard bernstein, world markets, country garden holdings co ltd, politics, s&p 500 index, wells fargo & co, russell 2000 index, markets, business news, china, nasdaq composite,