Wall Street ends higher; banks gain following results, chips rally with TSMC

📅 Published: January 16, 2026 | 📂 Category: Uncategorized

U.S. stocks climbed on Thursday, driven by strong quarterly earnings from financial giants Morgan Stanley and Goldman Sachs, which saw their shares surge. Positive results from chipmaker TSMC also boosted U.S. semiconductor stocks, signaling a shift in market focus towards undervalued sectors like banks and industrials.

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