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Wall St rises as earnings lift outlook

Wall St rises as earnings lift outlook

7/30/2021 4:55:00 AM

Wall St rises as earnings lift outlook

U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level.

About half of the S&P 500 companies had reported second-quarter earnings as of Thursday morning. Nearly 91% of those companies beat profit estimates, and second-quarter earnings now are expected to have jumped 87.2% from a year ago, according to Refinitiv data.

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Reporting by Caroline Valetkevitch in New York Additional reporting by Sagarika Jaisinghani in Bengaluru Editing by Maju Samuel and Matthew LewisOur Standards:More from ReutersSign up for our newsletterSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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The more things change on Wall Street, the more they stay the sameThe future may usher in a whole new set of winners and losers, technologies and visionaries. Or maybe the names will change but the story will stay the same.

Robinhood makes its debut on Wall StreetNEW YORK (AP) — Robinhood is sell its own stock Thursday on Wall Street, the very place the online brokerage has rattled with its stated goal of democratizing finance. Through its app, Robinhood has introduced millions to investing and reshaped the brokerage industry, all while racking up a long list of controversies in less than eight years. In left brazil it is a reversed Robin hood: Steals from the poor to give to the rich. Please dont cover for a company that betrayed citizen investors... Robin hood is just another trading app that doesn't care if people lose money, but all it wants is trading volume, calling itself robin hood and being worth billions with never donating or helping anyone. So please, don't glorify them

Ford is set to report results after the bell. Here's what Wall Street expectsFord is expected Wednesday to report a slight loss for the second quarter due to the semiconductor chip shortage causing significant production cuts. good luck Top 3 most American Made 🇺🇸vehicles 2021 1) Tesla Model 3 2) Ford Mustang 3) Tesla Model Y Merica