Stock Market Today: Dow, S&P 500 and Nasdaq Rise as Tech Advances for Second Day and Chip Stocks Recover

Economic data: Weekly change in ADP employment, week ended October 10 (+18,500 previously); Durable goods orders, preliminary reading for September (+1.7% expected, -0.1% previously); FHFA Housing Price Index, monthly, August (+0.1% expected, +0.3% previously); Conference Board Consumer Confidence, October (80.5 expected, 81.9 previously); Conference Board Current Status, October (previously 109.3); Conference Board expectations, October (previously 63.6); Richmond Fed manufacturing index, October (-2 previously); Richmond Fed Economic Conditions, October (-8 previously); New home sales, month-on-month, September (-5.5% expected, +6.4% previously); Building permits, month on month, last September reading (-0.2% previously); Dallas Fed Services Activity Index, October (-1.8 previously)

Earnings schedule: SK Hynix (SKHY), Visa (V), The Coca-Cola Company (KO), HSBC Holdings (HSBC), Novartis AG (NVS), Boeing (BA), Seagate Technology Holdings (STX), S&P Global (SPGI), Corning (GLW), HCA Healthcare (HCA), Waste Management (WM), Freeport-McMoran (FCX), American Tower Corporation (AMT), Robinhood Markets (HOOD), UPS (UPS), The Sherwin-Williams Company (SHW), Ecolab (ECL), Hilton Worldwide Holdings (HLT), Illinois Tool Works (ITW), Royal Caribbean Cruises (RCL), NXP Semiconductors (NXPI), Baker Hughes (BKR), PayPal (PYPL), Teradyne (TER), Centene (CNC), EQT (EQT), CenterPoint Energy (CNP), SoFi Technologies (SOFI)

Check out some of the biggest news stories of the night:

Instacart’s possible sale to DoorDash for $17 billion boosts its stock

Carney says trade deal with U.S. is getting closer, but not yet done

Foldable fears come true for some iPhone Duo buyers

Why Google could avoid a profit ‘calculation’ this week

Skydance offers buyouts and calls staff back to the office