Core Insights - The third-quarter earnings season is gaining momentum, with investors focusing on companies that consistently outperform Wall Street forecasts and achieve stock gains post-report [1] Group 1 - Historical data indicates a trend where companies that exceed earnings expectations tend to see positive stock performance following their earnings reports [1]

Core Points - US stock market experienced significant gains driven by optimistic quarterly earnings and alleviated concerns over regional bank credit quality, with the Dow Jones rising by 515.97 points (1.12%) to 46,706.58 points, the Nasdaq increasing by 1.37% to 22,990.54 points, and the S&P 500 up by 1.07% to 6,735.13 points [2] - Major tech stocks saw a rise, with Apple reaching a historic high, boosted by an upgrade from Loop Capital and strong sales of the iPhone 17 series compared to the iPhone 16 series [3] - The Philadelphia Semiconductor Index rose by 1.6%, reaching a historical high, with Intel up by 3%, Qualcomm by 2.2%, and TSMC by 0.9% [4] - Oracle's stock fell by 4.9% due to a downgrade from JPMorgan related to AI expansion costs [5] - The Nasdaq Golden Dragon China Index increased by 2.4%, with Alibaba up by 3.8%, NetEase by 3.1%, and JD.com by 2.1% [6] Market Overview - The White House's economic advisor indicated that a potential agreement among moderate Democrats could end the federal government shutdown, which has lasted for 20 days [7] - The upcoming release of the September Consumer Price Index (CPI) is anticipated to provide insights into inflation for the Federal Reserve [7] - The third-quarter earnings season is gaining momentum, with expectations for a 9.3% year-over-year increase in S&P 500 earnings, up from an earlier estimate of 8.8% [8] - Analysts noted that uncertainties earlier in the year have subsided, allowing companies to focus on profitability [8] - US Treasury yields showed mixed movements, with the 10-year yield down by 1.6 basis points to 3.99% [8] Other Company News - Boeing's stock rose by 1.8% after receiving FAA approval to increase the monthly production of the 737 MAX to 42 units [9] - International oil prices saw a slight decline, with WTI crude oil down by 0.12% to $57.48 per barrel and Brent crude down by 0.46% to $61.01 per barrel [9] - Gold prices increased, with COMEX gold for December delivery rising by 3.87% to $4,376.90 per ounce [10]