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Stock Market Today: TSM, DPZ, MSFT Strength

Dow Jones today was up over 2% along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Stocks surged from post CPI sell-off. Some energy commodities that influence inflation like crude oil, gasoline, and gasoline were in the green. The crypto product, bitcoin price was up over 1% and traded in the $19K level. Stocks that showed strength included Microsoft (MSFT), JPMorgan Chase (JPM), Bank of America (BAC), ConocoPhillips (COP), and Chevron (CVX). One of the stocks that finished lower was Amazon (AMZN). Next, Scott Connor weighs in on Taiwan Semiconductor (TSM) stock price being higher after their earnings beat. Also, Domino’s Pizza (DPZ) earnings report was released and shares rallied higher. Finally, Connor discusses economic data like the Consumer Price Index or CPI and Jobless Claims.

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13 Oct 2022

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