{"id":13559,"date":"2025-10-16T14:42:16","date_gmt":"2025-10-16T14:42:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/u-s-stocks-rise-amid-tsmc-earnings-boost\/"},"modified":"2025-10-16T14:42:20","modified_gmt":"2025-10-16T14:42:20","slug":"u-s-stocks-rise-amid-tsmc-earnings-boost","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/u-s-stocks-rise-amid-tsmc-earnings-boost\/","title":{"rendered":"U.S. stocks rise amid TSMC earnings boost"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. stocks are slightly up amid an uptick for the major indexes, with a key earnings report from Taiwan Semiconductor Manufacturing Company boosting investor sentiment.<\/p>\n<div id=\"cn-block-summary-block_c909ca16c0e478b40c1315fc7e07c75e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dow, S&amp;P 500 and Nasdaq rose amid market boost from TSMC.<\/li>\n<li>Gold continued to rally as investor jitters pushed capital into safe haven assets.<\/li>\n<li>Bitcoin remained near $111,000 after last week\u2019s sell-off.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The Dow Jones Industrial Average rose 100 points, and the S&amp;P 500 gained 0.4% as upbeat investors rode corporate earnings, an AI-trade flip, and interest rate bets to add to the gains seen on Wednesday. The Nasdaq Composite also moved up, adding about 0.6% during the early session on Oct. 16.<\/p>\n<h2 class=\"wp-block-heading\">TSMC earnings boosts U.S. stocks<\/h2>\n<p>U.S. stocks moved higher as investors continued to react positively to the latest corporate earnings reports. Notably, major banks have reported earnings beats this week, lifting the stock market.<\/p>\n<p>After JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and Bank of America reported positive results, earnings from Charles Schwab, BNY, and U.S. Bancorp added to the bullish outlook.<\/p>\n<p>Taiwan Semiconductor Manufacturing Company, the world\u2019s largest chipmaker, said that its profits surged 39% year over year in Q3. TSMC also raised its 2025 revenue outlook, noting annual sales growth above 30%. Nvidia and Broadcom\u2019s shares rose amid TSMC\u2019s 2025 revenue guidance to bolster the Nasdaq, while Salesforce\u2019s shares gained 6% to boost the blue-chip Dow Jones index.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Gold hits new highs, Bitcoin little changed<\/h2>\n<p>President Donald Trump <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/live\/trump-tariffs-live-updates-trump-confirms-us-china-trade-war-as-bessent-leaves-door-open-to-tariff-pause-extension-162418922.html\" target=\"_blank\" rel=\"nofollow\">confirmed<\/a> on Wednesday that the U.S.-China trade war remained alive, stoking fresh jitters. <\/p>\n<p>Trump also commented on the continuing government shutdown, with no reopening in sight. Investors are likely viewing this as a potential headwind in coming weeks, although anticipation around interest rate cuts keeps overall sentiment bullish.<\/p>\n<p>As U.S. stocks looked to strengthen further, gold gained 1.3% to reach $4,260 per ounce.<\/p>\n<p>As U.S. stocks looked to strengthen further, gold gained 1.3% to reach $4,260 per ounce.<\/p>\n<p>Meanwhile, Bitcoin (BTC) is holding near $111,000 after bouncing off last week\u2019s plunge to under $105,000. However, sell-off pressure across crypto remains and a dip under $110,000 is likely.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stocks are slightly up amid an uptick for the major indexes, with a key earnings report from Taiwan Semiconductor Manufacturing Company boosting investor sentiment. Summary Dow, S&amp;P 500 and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13559"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13559\/revisions"}],"predecessor-version":[{"id":13560,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13559\/revisions\/13560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11631"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}