World Stock Markets Daily Report (October 22, 2010)

U.S. stocks rose modestly Thursday, sending benchmark indexes higher for a second day, as better-than-estimated earnings from EBay

to McDonald's

and a timely drop in jobless claims helped offset a slump in financial companies amid speculation that banks face more losses from bad mortgages. EBay jumped 6 percent, while McDonald's climbed 1.3 percent and. Netflix

, the movie-rental service, surged 13 percent after raising subscriber projections. But Bank of America was again under pressure sliding another 3.3 percent and Alcoa

and Occidental Petroleum

both slumped at least 1.3 percent as commodities prices sank amid a rebound in the dollar.

.