Stock Indexes Rebound - Adviser Investments

Stock Indexes Rebound

Brian Mackey, deputy director of research at Adviser Investments, has the market analysis for Friday, October 12. Major U.S. stock indexes recovered some of their recent losses today, with the Dow Jones Industrial Average, S&P 500 and NASDAQ gaining 1.2%, 1.4% and 2.3%, respectively. Meanwhile, General Electric (ticker: GE) dropped more than 3% on news that the company will delay its third-quarter earnings announcement from October 25 to October 30. GE noted that the delay was necessary to allow newly appointed Chairman and CEO Larry Culp to “complete initial business reviews and site visits.”

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