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Technology, Financials Lift US Equity Indexes
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Technology, Financials Lift US Equity Indexes
Mar 11, 2026 12:45 AM

12:38 PM EST, 01/15/2026 (MT Newswires) -- US equity indexes rose in midday trading on Thursday as quarterly results from Taiwan Semiconductor Manufacturing ( TSM ) lifted technology names, while earnings from mega-cap banks boosted financials.

The Nasdaq Composite jumped 1% to 23,711.2, with the S&P 500 up 0.7% to 6,976.3, and the Dow Jones Industrial Average higher by 0.8% to 48,542.5.

Technology was the standout gainer, followed by industrials and financials. Health care led the decliners.

Taiwan Semiconductor Manufacturing ( TSM ) reported a year-over-year jump in Q4 earnings and net sales, and issued Q1 revenue guidance above analysts' expectations. The company's US-listed shares advanced 6.9%.

Semiconductor companies in a niche category of stocks with a market capitalization of over $200 billion rallied. KLA (KLAC) and Applied Materials ( AMAT ) led this pack.

Further in company news, the Goldman Sachs Group ( GS ) reported Q4 earnings rose from a year ago, beating market expectations. Its shares were up 4.2%, the Dow's biggest gainer.

Morgan Stanley ( MS ) shares jumped 5.6% after the investment bank reported Q4 earnings and revenue above forecasts.

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