Wall Street edges higher on generally upbeat earnings

NEW YORK - Financial and tech firms gave Wall Street a modest lift on Tuesday following a string of generally positive earnings, with the S&P 500 inching closer to a new all-time high.

Bank of America Corp, Johnson & Johnson, BlackRock Inc, UnitedHealth Group Inc and others posted quarterly results that surpassed analyst expectations. Of the 42 S&P 500 companies that have posted thus far, 81% have beaten consensus, compared with the 65% average beat rate going back to 1994. But UnitedHealth Group, which also reported better-than-anticipated first-quarter profit and hiked its 2019 earnings forecast, fell 6.0%, likely due to regulatory worries. The stock was the biggest drag on the Dow.The S&P 500 Healthcare Index was down 1.7%

Thanks for that update on the kiddie pool. Meanwhile over in the adults pool.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber IPO; Central banks in focus; Delta earningsCNN's ChristineRomans has the day's top business headlines before the opening bell on Wall Street ChristineRomans Why do people still watch these fools ChristineRomans I get it. Make money only if u have money ChristineRomans
Source: CNN - 🏆 4. / 95 Read more »

Guggenheim says next recession will be less severe — but the ensuing stock market fall will be brutalEven though the next recession is likely to be shallow, stock-market investors will nurse some hefty losses in the next downturn, says Guggenheim
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street bull run hinges on earningsOptimism that the United States and China will soon reach a trade deal has helpe... And Trump not taxing the EU AND SLAPPING TARRIF'S ON ANYTHING THAT DISAGREES WITH HIS ORANGE HAIRLINE!!! JUST TWEETING BRO. CHOLLAX
Source: Reuters - 🏆 2. / 97 Read more »

Delta's first-quarter earnings, revenue beat Wall Street expectationsInvestors were expecting a strong quarter from Delta, especially after it raised its earnings and revenue guidance last week.
Source: CNBC - 🏆 12. / 72 Read more »