Banks

Bank earnings and health care stocks helped the Dow turn positive in October

Illustration of a giant balloon float shaped like an upward trending arrow
Illustration: Sarah Grillo/Axios

The Dow turned positive for October after solid earnings from some of the biggest U.S. banks and surprisingly solid earnings from health care companies. Both sectors have lagged the market this year.

What happened: Bank CEOs, including JPMorgan's Jamie Dimon and Citigroup's Michael Corbat, continued to tout the strength of the U.S. consumer.

Warren responds to Biden's effort on consumer bureau: Thanks, Obama

Former Vice President Joe Biden reminded Sen. Elizabeth Warren (D-Mass.) during Tuesday night's debate that he wrangled the votes needed to create the Consumer Financial Protection Bureau. Warren's response: Thanks, Obama.

Biden: "I agreed with the great job she did, and I went on the floor and got you votes. I got votes for that bill. I convinced people to vote for it, so let's get those things straight too."
Warren: "I am deeply grateful to President Obama, who fought so hard to make sure that agency was passed into law, and I am deeply grateful to every single person who fought for it and who helped pass it into law."

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