S&P 500, Dow hit new highs with heavy week of earnings on tap

  • 📰 Reuters
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Dow and S&P 500 notched record closing highs amid ongoing earnings optimism and a mega order for electric car maker Tesla

This week, 165 components of the S&P 500 are expected to post quarterly results, according to Refinitiv data. Analysts expect earnings at S&P 500 companies to grow 34.8% year-on-year for the third quarter.

Investors are also assessing how companies are navigating supply-chain bottlenecks, labor shortages and inflationary pressures to sustain growth. Of the 119 companies in the S&P 500 that have reported earnings through Monday morning, 83.2% have topped analysts' expectations. "Earnings have been good so far, there is always positive vibes in earnings because you have warnings before it starts of course. But for some supply-chain problems, generally the economy was strong so people were positioning ahead of earnings," said Hatfield.lost 2.83% after the Huggies diaper maker cut its 2021 profit outlook due to higher input cost inflation.

Advancing issues outnumbered declining ones on the NYSE by a 2.01-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored advancers. The S&P 500 posted 77 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 150 new highs and 80 new lows.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Japan stocks set to rise after major indexes on Wall Street close at record highsThe Dow Jones Industrial Average and S&P 500 sailed to record closing highs on Monday.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Stocks Close At Record Highs After Tesla Hits $1 Trillion In Market ValueInvestors are looking ahead to major tech earnings this week, hoping they can further boost stocks.
Fonte: Forbes - 🏆 394. / 53 Consulte Mais informação »