04:55 PM EDT, 10/17/2024 (MT Newswires) -- The Dow Jones Industrial Average stretched its record closing run Thursday as traders evaluated the latest economic data and corporate earnings. The Dow rose 0.4% to 43,239.1. The S&P 500 and the Nasdaq Composite closed little changed at 5,841.5 and 18,373.6, respectively. Energy and technology posted the biggest gains among sectors, while utilities...

(Reuters) - U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co ( TSM ), the world's largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen...

06:47 AM EDT, 10/17/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. Taiwan Semiconductor Manufacturing ( TSM ) advanced by 8.2% premarket, following a 0.2% increase from the previous session. Taiwan Semiconductor Manufacturing ( TSM ) reported Q3 earnings of 12.54 new Taiwan dollars ($0.39) per diluted share, up from...

Dow ends at record peak for fourth session in five TSMC gains after forecasting Q4 revenue jump Travelers, Blackstone at record closes after Q3 profit beats Elevance Health ( ELV ) biggest dip in 4.5 years on profit forecast cut Indexes: Dow up 0.37%, S&P 500 down 0.02%, Nasdaq up 0.04% Adds closing prices By David French Oct 17 (Reuters)...