Strong Earnings Boost Stocks

Stocks are higher on Wednesday after earnings news from JP Morgan Chase
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, Altria
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and Yahoo
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helped lift investor sentiment.

Comerica
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reported a 10% decline in Q3 profits, citing credit market troubles as the reason (read more).

Entergy
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raised its third quarter EPS forecast and backed its full-year outlook (read more).

Crown Holdings
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hit a 7-week high after reporting strong Q3 earnings (read more).

Coca-Cola
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hit a new high after reporting earnings before the open today (read more).

Meanwhile, Citigroup
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hit a new 52-week low today (read more).

Crude oil hit another record high today, rising above $88 per barrel.

Market Snapshot

Dow

22.76 13935.70

NASDAQ

33.97 2797.88

S&P 500

7.03 1545.56

� NYSE NASDAQ

Volume

528,783,130 976,862,732

Up Volume

338,374,120 731,668,620

Down Volume

186,062,810 231,765,656

Advances

1926 1673

Declines

1184 1133

New Highs

121 89

New Lows

54 63

Strongest/Weakest Industry Groups

Strongest Industries

% Change

Weakest Industries

% Change
Independent Oil & Gas
+1.98%
Toy & Hobby Stores
-6.57%
Manufactured Housing
+1.01%
Surety & Title Insurance
-4.88%
Tobacco Products, Other
+1.48%
Healthcare Information Services
-4.92%


Economic
News

CPI (Sep): Actual 0.3%, Consensus 0.2%

Housing Starts (Sep): Actual 1191K, Consensus 1285K

Building Permits (Sep): Actual 1226K, Consensus 1300K