Dow, Nasdaq end at records as Citigroup results mark start of earnings season

U.S. stocks ended slightly higher on Monday as investors saw results from Citigroup kicking off the unofficial start of earnings season for the second-quarter. The S&P 500 SPX, +0.02% was up by less than 0.1% to 3,014, based on preliminary figures, which would mark a fresh record close. The Dow Jones Industrial Average DJIA, +0.10% rose 0.1% to end near 27,359. The Nasdaq Composite COMP, +0.17% was up 0.1% to end around 8,258.

The Dow and Nasdaq also scored closing records. Shares of Citigroup Inc. C, -0.08% were lower by 0.1% even after it reported second-quarter profits rose 4.8%, beating analysts' expectations. Investors also monitored a weak gross domestic product reading in China, with growth falling to its slowest pace since 1992. But investors pointed out the solid industrial production and retail sales numbers helped offset the bearish GDP data.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

S&P trades near flat as Citigroup results weigh on bank stocksThe benchmark S&P 500 index struggled for direction in choppy trade on Monday as... This picture is overused! They can kiss our butts for a bailout this time,..
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Companies are warning that earnings results are going to be brutal77% of the 113 companies that have issued earnings per share guidance have warned that their numbers will be worse than what analysts are estimating. Old, old news thanks to Hedgeye Bullish like watching ebonikwilliams destroy her television career kinda brutal? WattersWorld
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

As U.S. companies signal weak earnings, results could undercut market riseU.S. companies are more negative in their earnings outlooks than they have been ...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

With trade tensions escalating, here are 5 things to know about this earnings seasonThe second-quarter earnings season will kick off in earnest next week, and investors should brace for bad news with all signs signaling a second straight...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »