04:56 PM EST, 01/15/2026 (MT Newswires) -- Major US equity indexes closed higher Thursday after Morgan Stanley ( MS ) and Goldman Sachs ( GS ) reported Q4 earnings that beat Wall Street estimates, and Taiwan Semiconductor Manufacturing ( TSM ) issued upbeat Q1 revenue guidance.

* Morgan Stanley ( MS ) shares rose 5.8%, and Goldman gained 4.6%. Taiwan Semiconductor advanced 4.4%.

* KLA (KLAC) rose 7.7%, the biggest gain on the S&P 500. Morgan Stanley ( MS ) and Wells Fargo upgraded the semiconductor stock to overweight from equal weight and raised their price targets.

* Coinbase Global ( COIN ) shares fell 6.5%, a day after the company withdrew its support from the US Senate's crypto market structure bill.

* Initial jobless claims last week fell to 198,000 from 207,000 a week earlier. Analysts surveyed by Bloomberg expected 215,000.

* The Empire State Manufacturing Index rose to 7.7 in January, well above the expected 1.0, while the Philadelphia Fed Manufacturing Index surged to 12.6, topping projections for a reading of minus 1.4.

* February West Texas Intermediate crude oil fell $2.79 to settle at $59.23 per barrel, while March Brent crude, the global benchmark, was last seen down $2.79 at $63.73.