DJIA Rises by 292 Points; Morgan Stanley Surges Nearly 6%, Leading Banking Sector
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
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Source: aastocks
Jobless Claims and Market Reaction: Initial jobless claims in the US dropped to 198,000, leading to a positive market response with the DJIA rising by 292 points, while the Nasdaq and S&P 500 also saw gains.
Bank Earnings Performance: Major banks reported strong fourth-quarter earnings, with Morgan Stanley's stock up 5.8% and Goldman Sachs rising 4.6%, reflecting better-than-expected profits.
Producer Price Index (PPI): The PPI year-over-year for October in the US increased to 2.8%, surpassing the previous figure of 2.7%.
Chip Makers' Success: Semiconductor companies performed well, with TSMC reporting a 35% year-over-year profit increase, leading to a 4.4% rise in its stock price, while NVIDIA and Micron also experienced gains.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
