Indicates the type of a location. Location Type Defined by CCTVPLUS Indicates the role that a specific instance of a description takes among all descriptions. Description Role Defined by CCTVPLUS The role in the overall content stream. Part Role Indicates a kind of content rendition. Content Rendition Defined by CCTVPLUS CCTV Newscontent Co.,Ltd. CCTV Newscontent Co.,Ltd. All Rights Reserved. No access Chinese mainland CCTV Newscontent www.cctvplus.com +86-10-83949886 +86-10-63978447 contact@cctvplus.com 2026-10-10T13:13:44Z 2026-10-10T13:13:44Z 2026-10-10 2014-11-06T09:22:45Z China Central Television United States Markets Oct 9, 2026/File USA-Stocks U.S. stocks close higher as techs rebound U.S. stocks ended higher on Friday, capping a volatile week marked by elevated bond yields and elevated energy prices. The Dow Jones Industrial Average rose 0.83 percent to 51,654.95. The benchmark S&P 500 added 0.59 percent to 7,811.54, while the tech-heavy Nasdaq Composite Index gained 0.64 percent, finishing at 27,366.17. Nine of the 11 primary S&P 500 sectors closed in positive territory, with real estate and consumer discretionary pacing the advancers by climbing 1.88 percent and 1.69 percent, respectively. Bucking the market's upward momentum, communication services and energy fell 0.4 percent and 0.18 percent, respectively. Led by Microsoft, Amazon and Palantir Technologies, the tech sector gained 0.36 percent on Friday. The telecommunications sector experienced severe turbulence following an announcement late Thursday by aerospace and satellite venture SpaceX, which agreed to purchase a nationwide low-band spectrum license portfolio. The company stated the acquisition resolves a critical technical obstacle toward establishing Starlink Mobile as a primary domestic mobile network operator. In response, shares of legacy carriers plummeted, with AT&T, T-Mobile US, and Verizon Communications falling between 8.75 percent and 13.27 percent, marking Verizon's steepest single-day drop since 2002. In corporate earnings, Delta Air Lines finished flat after reporting third-quarter financial results that fell short of Wall Street estimates, as higher jet fuel costs offset sustained demand for premium travel services. On the economic front, consumer confidence weakened further amid lingering cost pressures. The University of Michigan's preliminary Index of Consumer Sentiment dropped to 46.3 in October, hitting a five-month low and trailing market forecasts of 48. Concurrently, consumers' one-year inflation expectations ticked up to 4.7 percent. "Consumer sentiment was little changed this month, inching down a scant 1.8 index points from September," said Surveys of Consumers Director Joanne Hsu. "While year-ahead expectations for personal finances and business conditions crept up slightly, buying conditions for durables plummeted amid high prices and borrowing costs." Friday's gains capped a turbulent five sessions dominated by persistent spikes in U.S. yields and crude benchmarks. Market attention now shifts to next week, when the third-quarter corporate earnings reporting cycle accelerates with major lenders Citigroup and Wells Fargo reporting, alongside healthcare conglomerates UnitedHealth Group and Johnson & Johnson. Nats/Part Mute USA - Oct 9, 2026 (CCTV Video News Agency - No access Chinese mainland) 1. Graphic showing changes of U.S. stocks indexes FILE: New York City, New York, USA - Aug 25, 2026 (CCTV Video News Agency - No access Chinese mainland) 2. Various of New York Stock Exchange (NYSE) building, NYSE flags FILE: New York City, New York, USA - Nov 2022 (CGTN - No access Chinese mainland) 3. Various of NYSE trading floor, staff members, screens showing stock information FILE: New York City, New York, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland) 4. Various of traffic FILE: New York City, New York, USA - Aug 25, 2026 (CCTV Video News Agency - No access Chinese mainland) 5. Statue of Liberty 6. Cargo ships sailing, port scene 7. Buildings 8. Brooklyn Bridge