Contributed by NAMPA / AFP.
US stocks surge on good earnings, better labor data
New York, Oct 14, 2021 (AFP) - Wall Street stocks shrugged off weeks of lackluster trading and forged higher Thursday following strong earnings and better-than-expected economic data.
Analysts greeted a trove of strong results from leading banks, as well as good earnings from Dow member UnitedHealth and Walgreens Boots Alliance.
Other catalysts included a big drop in US unemployment claims that left the weekly benchmark below 300,000 last ...