Impressive earnings send markets soaring

The markets surged to close sharply higher with the Dow rocketing 223 points to 26,616 on impressive earnings. Nasdaq leaped 94 points to 7505.


On the upside


Shares of ARMO BioSciences (Nasdaq: ARMO) surged on its first trading day.


Solid Biosciences (Nasdaq: SLDB) stock leaped in its market debut.


Shares of PlayAGS (NYSE: AGS) climbed on its first day as a publicly traded company.

On the downside


Investors locked in profits on MannKind (Nasdaq: MNKD).


Wynn Resorts (Nasdaq: WYNN) founder and chief executive Steve Wynn has been accused by dozens of women of sexual misconduct.


Aspen Insurance Holdings (NYSE: AHL) expects a significant loss in the fourth quarter due to the California wildfires.


In the broad market, advancing issues outpaced decliners by a margin of 6 to 5 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 surged 33 points to 2,872. Bitcoin plunged $319 to $10,830.


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