Dow Jones climbs 556 points as healthcare and consumer stocks rally
U.S. stocks closed higher on Thursday, October 15, 2026, with all three major indices rising, driven by buying in healthcare and consumer stocks as investors rotated away from AI-related shares. The Dow Jones Industrial Average closed at 52,177.69 points, up 556.21 points or 1.08%. The S&P 500 rose 0.33% to 7,744.06, and the Nasdaq Composite gained 0.08% to 26,713.03. Strong earnings from companies like Marsh & McLennan, Kimberly-Clark, and Bank of New York Mellon supported individual stocks, while the 10-year Treasury yield fell to about 5.09% from 5.19%. AI and semiconductor stocks faced selling pressure, with Nvidia down 1.8%, Dell down 6.9%, and Hewlett Packard Enterprise down 7.1%. Oil prices were mixed, with WTI crude rising 3.03% to $97.97 per barrel after the EIA reported a larger-than-expected drawdown in crude stockpiles.