Stocks Ended Higher, Dow Gained More Than 500 Points

U.S. stocks ended higher on Tuesday, with the Dow Jones Industrial Average rallying more than 500 points on upbeat earnings and robust economic data. The Dow Jones Industrial Average jumped 547.87 points, or 2.17%, to 25,798.42. The S&P 500 gained 59.13 points, or 2.15%, to 2,809.92. The Nasdaq Composite climbed 214.75 points, or 2.89%, to 7,645.49.

Oil futures finished higher on Tuesday, as traders waited to see if relations between the U.S. and Saudi Arabia sour further following the disappearance of a journalist in Turkey. West Texas Intermediate crude for November delivery tacked on 14 cents, or 0.2%, to $71.92 a barrel, while December Brent crude rose 63 cents, or 0.8%, to $81.41 a barrel.

Netflix (NFLX) reported user growth that exceeded Wall Street expectations. The company brought on 6.4 million total new streamers, beating its own guidance of 5 million total member additions for the quarter. Netflix reported earnings of 89 cents per share on revenue of $4 billion.

Industrial production rose a healthy 0.3% in September, the Federal Reserve reported Tuesday. The gain was above Wall Street expectations of a 0.1% increase.

The number of job openings in the U.S. reached another all-time high of 7.1 million in August, according a report released Tuesday morning by the Labor Department.

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