Dow Jones ETF DIA climbs as TSMC outlook and big-bank results steady Wall Street
DIA rose $3.67, or 0.7%, to close at $495.25 as chip and bank stocks lifted the Dow 371 points. TSMC’s profit surged 35%, beating forecasts and fueling a chip rally, while Goldman Sachs and Morgan Stanley topped earnings estimates. Initial jobless claims fell to 198,000. Investors await the Federal Reserve’s decision later this month.