Stock Market Today: WMT Earnings Beat, PARA & TSM Rally After Buffet Reveals Stake

The Dow Jones was up today, and stocks closed higher across the board, with the S&P 500 up just under 1%. Communication services, tech, staples, and consumer discretionary showed strength while health care and materials showed weakness. The market rallied after the October PPI report showed inflation coming in lower than expected. SVB Finacial (SIVB), Signature Bank (SBNY), Ceridian (CDAY), Match Group (MTCH), and Walmart (WMT) performed well, while Capital One (COF), Ablemarle (ALB), Synchron Financial (SYF), Lumen Technologies (LUMN), and Humana (HUM) performed poorly. Paramount Global (PARA) and Taiwan Semiconductor (TSM) shares rallied after Warren Buffett revealed stakes in both companies. Keep an eye on October retail sales and earnings from Lowe's (LOW), Target (TGT), and TJX (TJX). Tune in to find out more about the stock market today.