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
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »