Wall Street rallies toward an all-time high
Analysts expect S&P 500 companies to post nearly 30% earnings growth, while AI-linked stocks and takeover news keep driving gains.
- On Tuesday, the Dow Jones Industrial Average climbed 201 points, or 0.4%, while the Nasdaq composite added 0.5% to reach a new all-time high.
- Markets rallied as oil prices dropped 2% to $98.30 per barrel, easing inflation pressure, while the 10-year Treasury yield fell to 5.25% from 5.31% late Monday.
- Constellation Energy jumped 15% on Tuesday following a deal to supply Google with nuclear-scale electricity, while Lamb Weston shares rallied 11.1% after beating profit projections.
- Option Care Health shares soared 33.1% after private investment firm CD&R and healthcare company McKesson announced a roughly $5.8 billion acquisition deal.
- Analysts expect S&P 500 companies to deliver nearly 30% earnings growth, potentially marking a third straight quarter of growth exceeding 25%.
16 Articles
16 Articles
ASX set to edge up, Wall Street rallies towards an all-time high
Even with worries about war, high inflation and cranked-up pressure from the bond market continuing to weigh on it, Wall Street’s benchmark index soared 23 per cent since hitting a bottom in late March.
US Stocks Rise Toward An All-time High After Oil Prices Ease
NEW YORK (AP) — U.S. stocks are rising Tuesday and on track to hit an all-time high after oil prices gave back some of their big recent gains. The S&P 500 added 0.8% and was on pace to finish the day above its record set in August. The Dow Jones Industrial Average was up 265 […]
Wall Street rallies toward an all-time high
NEW YORK — The U.S. stock market is closing in on an all-time high on Tuesday. The S&P 500 climbed 0.8 percent and is on track to finish the day above its record closing level set in August. Even with worries about war , high inflation and cranked-up pressure from the bond market continuing to weigh on it, the backbone of many 401(k) accounts has soared nearly 24 percent since hitting a bottom in late March. The Dow Jones Industrial Average was …
(Seoul = Yonhap News) Reporter Yoon Jung-won of Yonhap Infomax = The three major stock indices of the New York stock market started higher, boosted by falling oil prices and government bond yields.
Dow Jones| Nasdaq | US Stock Market Today | Live: US futures rise as Treasury yields cool, oil slips
Dow Jones Today | US Stock Market Live: US stock index futures rose on Tuesday, as a decline in Treasury yields from multi-year highs and oil prices ahead of the quarterly earnings season boosted heavyweight technology stocks.
Stock Market Today: Dow Rises Nearly 300 Points As Oil, Yields Fall; AMD, Nvidia, Tesla Shares Rally (Live Coverage)
The Dow Jones index rises 300 points Tuesday as oil prices and yields fall. AMD, Nvidia and Tesla rally. The post Stock Market Today: Dow Rises Nearly 300 Points As Oil, Yields Fall; AMD, Nvidia, Tesla Shares Rally (Live Coverage) appeared first on Investor's Business Daily.
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