Solid earnings reports push US stock indexes broadly higher

Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before.

The steady flow of corporate earnings continued and several big-name companies reported surprisingly good results. The latest round of reports has been better than Wall Street initially expected just a month ago. Consumer product makers rose broadly following a solid earnings report from cereal maker Kellogg. Surprisingly good results from General Motors and Yum Brands sent consumer-oriented stocks higher.

KEEPING SCORE: The S&P 500 index rose 0.5% as of 10:16 a.m. Eastern time. The Dow Jones Industrial Average rose 124 points, or 0.5%, to 26,986. The Nasdaq composite rose 1%. Overseas, European markets were mixed and Asian indexes closed broadly lower.

There is nothing there, how can anything be solid when there is nothing thee but instability and unsurity, its all a digital scam That's why the markets fluctuate so much, in all truth Stock Market wise we are oi defcon 2 Be honest

Solid earnings , huh? LOL, you guys and those guys just love to make BS look like caviar

Best President Ever.

NEW: Dow tumbles more than 300 points following Pres. Trump’s tweets on piling on additional tariffs on Chinese goods.

Thank you realDonaldTrump we appreciate the work you are doing. MAGA

Investors watched DemDebate2 and realized none of those clowns could beat realDonaldTrump All investing w confidence now.. the adults are running the show ignoring US ' HalfwayHouseofRepresentatives

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Financials drive European stocks bounce after Fed hitEuropean shares recovered from early losses on Thursday as a solid batch of bank...
Fuente: Reuters - 🏆 2. / 97 Leer más »

Analysts: Apple's earnings are 'good enough for now,' but iPhone decline 'remains unresolved'Wall Street analysts said Apple's earnings were solid but expect more from the iPhone going forward. People can't afford to blindly be part of the Apple cult anymore They lost their magic. The magic box waiting to be opened.
Fuente: CNBC - 🏆 12. / 72 Leer más »