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Stock Market Today

Wednesday, October 17 2018

Daily Updates

Stock Market Today: October 16, 2018

Harvey S. Katz, CFA and Mario Ferro | 10/16/2018

The major U.S. stock indexes started the day with a solid advance and, for the most part, built on that steady uptrend throughout the trading session. Economic news was largely upbeat today. Topping the list was the Labor Department’s report showing that job openings increased to a record 7.14 million in August, marking the highest point in decades. Elsewhere, the National Association of Home Builders said that its monthly confidence index was up a point in October, as housing demand remains solid.

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Stocks Highlights

Dow 30 Earnings: UnitedHealth Group Third Quarter 2018

Erik M. Manning | 10/16/2018

UnitedHealth Group, (UNH) the nation's largest health insurer and a member of the Dow 30, has reported third-quarter results that beat expectations on both the top and bottom lines. The stock was up more than 4% on the news and the shares are again trading near their all-time highs.

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Stocks Highlights

Dow 30 Earnings: Johnson and Johnson Third Quarter 2018

James Flood | 10/16/2018

Johnson & Johnson, (JNJ) the largest producer of health care products and a member of the Dow 30, reported better-than-expected third-quarter adjusted share earnings of $2.05, about 8% above the year-earlier tally. Sales of $20.05 billion rose 3.6% and were in line with our expectation, but higher than the Wall Street consensus of $20.03 billion.

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