US STOCKS-Wall St jumps more than 1 pct, led by financials

jueves 15 de octubre de 2015 15:37 GYT
 

* U.S. CPI falls in Sept; weekly jobless claims down

* Citi rises after results

* Indexes up: Dow 1.1 pct, S&P 1.3 pct, Nasdaq 1.5 pct (Updates to late afternoon)

By Caroline Valetkevitch

Oct 15 (Reuters) - U.S. stocks rallied on Thursday after two days of losses, led by a jump in financial shares following upbeat results from Citigroup.

The S&P 500 health care index was also up sharply, despite a disappointing forecast from HCA Holdings, which fell 5 percent at $72.24. The Nasdaq Biotech Index was up 3.8 percent.

Citigroup rose 4.8 percent to $53.15 after the third-biggest U.S. bank's results beat estimates, while Goldman Sachs was up 1.3 percent at $181.86, despite weak results.

The financial sector rose 2.2 percent, recovering from losses Wednesday when JPMorgan results disappointed.

The market's gains follow two days of declines and increased worries about the outlook for U.S. earnings. As the earnings season gathers steam, investors will be scrutinizing results and forecasts for any signs of an impact from a slowing global economy.   Continuación...