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Update: US Equity Indexes Rise as Corporate Results Help Lift Risk Sentiment

Update: US Equity Indexes Rise as Corporate Results Help Lift Risk Sentiment

MT newswireMT newswire2026/10/20 19:48
03:48 PM EDT, 10/20/2026 (MT Newswires) -- (Updates with index/price moves from the first paragraph.) US equity indexes rose amid strong quarterly corporate results from market heavyweights and a decline in crude oil prices. The Dow Jones Industrial Average jumped 0.9% to 52,436.1, the S&P 500 climbed 0.2% to 7,707.4, and the Nasdaq Composite slipped 0.1% to 26,406.6 ahead of Tuesday's close. All sectors except three, communication services, technology, and energy, rose. Healthcare, real estate, utilities, and financials led gainers. Seven of the top 10 stocks in a category with market capitalization exceeding $200 billion were from the healthcare sector, according to data compiled by Finviz. Equifax (EFX) reported a jump in Q3 adjusted earnings and operating revenue. Its shares soared 11%, the top gainer on the S&P 500. Hasbro (HAS) reported fiscal Q3 adjusted earnings above market forecasts. The toy and game maker raised its fiscal 2026 constant-currency sales growth outlook. Shares jumped almost 11%, the second-biggest outperformer on the S&P 500. 3M (MMM) raised its full-year earnings outlook as the industrial conglomerate's Q3 bottom line topped market estimates. Shares advanced 5.2%, among the leaders on the S&P 500 and the Nasdaq. The front-month West Texas Intermediate crude oil contract dropped 1.8% to $101.79 per barrel, and global benchmark Brent declined 0.4% to $109.09 per barrel.
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