Major U.S. indexes surged at midday ๊Wednesday after several big banks reported strong quarterly results and a key measure of inflation came i🍸n softer than anticipated. The Nasdaq was over 2% higher, while the Dow added 1.5% and the S&P 500 was up 1.6%.

Bank of New York Mellon (BK) shares jumped after the financial company reported better-than-expected results on record revenue and lower costs.ꦓ

BlackRock (BLK) set a record for 澳洲幸运5官方开奖结果体彩网:assets under management and also had quar🦂terlꦛy results that exceeded forecasts, sending its shares higher.

Goldman Sachs (GS) shares advanced as the bank 澳洲幸运5官方开奖结果体彩网:blew away earnings and revenue estimates on strong trading r♓evenue.&🅠nbsp;

Shares of Edison International (EIX) and PG&E (PCG) were higher on indications that power lines may not have been the cause of the devastating 澳洲幸运5官方开奖结果体彩网:wildfires in California.

Shares of Builders FirstSource (BLDR) and others in the homebuilding industry took off on optimism that the 澳洲幸运5官方开奖结果体彩网:latest inflation report will make the Federal๊ Reserve more likely to cut borrowing co🐎sts.

Tesla (TSLA) shares advanced as Barclays analysts raised their 澳洲幸运5官方开奖结果体彩网:price target for the stock, poiﷺ꧑nting to the electric vehicle maker’s work on self-driving cars and artificial intelligence. 

Oil and gold futures climbed. The yield on the 10-year Treasury note sa🍃nk. The U.S. dollar was up on the euro, but lost ground to the pound and yen. Prices for most major cryptocurrencies were higher.