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US Stocks Set More Records as Verizon Starts a Big Week for Profit Reports with a Beat
NEW YORK, UNITED STATES, JUL 22 – Major U.S. indexes hover near records despite mixed earnings and looming tariffs with the S&P 500 up 8.8% this year, driven by gains in tech and communication sectors.
- On Monday, the S&P 500 rose 0.1% to 6,305.60, setting a fresh record; the Nasdaq Composite increased 0.4% to 20,974.17, also hitting a new high.
- Ahead of the Aug 1 tariff deadline, US President Donald Trump threatened hikes, citing trade negotiations as the cause.
- Among individual companies, Verizon Communications rose 4% after beating profit expectations, while the communication services sector gained 1.9%.
- Despite record gains, markets remain highly sensitive to geopolitical developments and could stay volatile, as the Volatility Index dropped to 16.28 on Friday, above Thursday's 15.70.
- Upcoming reports from General Motors, Alphabet, Coca-Cola and Tesla will influence market sentiment, with investor confidence hinging on mega-cap tech earnings this week.
76 Articles
76 Articles
Wall Street ticks up to another record
NEW YORK — Wall Street inched to another record on Tuesday after some mixed profit reports, as General Motors and other big U.S.companies gave updates on how much President Donald Trump's tariffs hurt or help them.
Wall Street closed this Tuesday on mixed ground, while investors analyzed the business results of the second quarter and expected new commercial news. Megacapitalization companies are expected to publish their results in the next few days.Particularly on Wall Street the profits were driven by the Dow Jones with 0.40 percent, in the entire 44,502.44, as well as by the S&P 500 that rose 0.06 percent, to 6,309.62 points, while Nasdaq dropped 0.39 p…
Wall St. ticks up to another record as GM and others show how tariffs are affecting them
NEW YORK — Wall Street inched to another record on July 22 following some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Donald Trump's tariffs are hurting or helping them.
Wall Street Ends Mixed; GM Slumps as Tariffs Bite
Wall Street shares ended mixed Tuesday, with steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in U.S. trade discussions.
Prince George Citizen
US stocks edge up to another record as GM and others show how tariffs are impacting them
NEW YORK (AP) — US stocks drifted to another record following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump’s tariffs are hurting or helping them. The S&P 500 rose 0.
Wall Street holds near record highs as tariffs cloud corporate outlook
Wall Street is hanging near its records on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump’s tariffs are hurting or helping them. The S&P 500 was shaving 0.1% off its all-time high set the day before. The Dow Jones Industrial Average was up 44 points, or 0.1%, as of 12:10 p.m. ET, and the Nasdaq composite was down 0.4% after setting its own record. Genera…
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