---
title: "The Dow Jones Industrial Average closed up 292 points, with Morgan Stanley rising nearly 6%, leading bank stocks"
description: "The number of initial jobless claims in the United States fell to 198,000, and U.S. stocks opened higher and continued to rise on Thursday. The Dow Jones Industrial Average rose by 292 points to close"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/272749139.md"
published_at: "2026-01-15T21:08:52.000Z"
---

# The Dow Jones Industrial Average closed up 292 points, with Morgan Stanley rising nearly 6%, leading bank stocks

> The number of initial jobless claims in the United States fell to 198,000, and U.S. stocks opened higher and continued to rise on Thursday. The Dow Jones Industrial Average rose by 292 points to close at 49,442 points; the Nasdaq increased by 58 points to 23,530 points; the S&P 500 index rose by 17 points to 6,944 points. Bank stocks rebounded, with Morgan Stanley's stock price up 5.8%, Goldman Sachs up 4.6%, and Citigroup up 4.5%. Chip stocks performed well, with TSMC ADR rising 4.4%

The number of initial jobless claims in the United States unexpectedly fell to 198,000 last week, leading to a strong opening and rally in U.S. stocks on Thursday. The Dow Jones Industrial Average rose as much as 431 points, closing up 292 points or 0.6% at 49,442 points. The Nasdaq's gains narrowed, closing up 58 points or 0.3% at 23,530 points; the S&P 500 index closed up 17 points or 0.3% at 6,944 points.

Bank stocks rebounded, with Morgan Stanley (MS.US) reporting fourth-quarter earnings that exceeded expectations, and wealth management revenue hitting a record high, causing its stock price to rise 5.8%. Goldman Sachs (GS.US) saw a 12% increase in net profit for the fourth quarter, also surpassing expectations, with its stock price rising 4.6%. Citigroup (C.US) rose 4.5%, while JPMorgan (JPM.US) edged up 0.5%.

Chip stocks performed well, with Taiwan Semiconductor Manufacturing Company (TSM.US) reporting a 35% year-on-year increase in quarterly net profit, exceeding expectations, and its ADR stock price rising 4.4%. NVIDIA (NVDA.US) rose 2.1%, and Micron (MU.US) rose 1%

### Related Stocks

- [GS.US - Goldman Sachs](https://longbridge.com/en/quote/GS.US.md)
- [MS.US - Morgan Stanley](https://longbridge.com/en/quote/MS.US.md)
- [C.US - Citigroup](https://longbridge.com/en/quote/C.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.