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U.S. stocks rally with finance firms reporting earnings surprise Updated: 2021-10-15 09:55:04 KST

U.S. stocks rallied Thursday, with major firms reporting better-than-estimated corporate earnings for the third quarter.
The Dow increased nearly 535 points, up 1.6 percent compared to the previous day's close.
The S&P 500 and Nasdaq both finished about 1.7 percent higher.
This was S&P 500's highest rise compared to the previous close in more than seven months, and the Nasdaq also posted its biggest increase since May.
Experts attributed the rally to strong earnings by major financial firms including Bank of America, Citigroup and Wells Fargo.
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