Stocks rally on earnings a day after ending at 5-month lows
October 31, 2018
NEW YORK (AP) — U.S. stocks climbed Tuesday after solid earnings reports from several big companies. Stocks had closed at five-month lows the day before, and groups of companies that struggled badly made big gains.
Many of the best-performing stocks Tuesday came from parts of the market that have fared the worst during the market's plunge this month. Those included smaller and more U.S.-focused companies, internet and media companies, basic materials makers and energy companies.
Oreo maker Mondelez and athletic apparel maker Under Armour both jumped following strong third-quarter reports.
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