News Formal

Wall Street sets more records as earnings season gears up

  • 📰 latimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 82%

United States News News

United States United States Latest News,United States United States Headlines

Wall Street ticked further into record heights Monday, as a better-than-expected profit reporting season gets into higher gear.

Advertisement

Several of the market’s most influential stocks are set to report their own profits in the upcoming week. That includes Apple, Microsoft, Amazon and Google’s parent company, Alphabet. Because they’re the four biggest companies on Wall Street by market value, their stock movements have a huge effect on the S&P 500, even more than Tesla’s.

Stocks of energy companies were strong after the price of U.S. oil topped $85 a barrel during the morning. It’s the first time that’s happened in roughly seven years, though the price sank back as the day continued.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It’s always a pleasure to read such records.

United States United States Latest News, United States United States Headlines

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

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.
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks catch Wall St cheer but China caps gainsAsian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China's property sector hit Hong Kong and mainland markets.
Source: Reuters - 🏆 2. / 97 Read more »