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Wall Street notches record closing high on earnings, economic strength

Upbeat corporate earnings and signs of economic revival pushed all three major U.S. stock indexes to record closing highs

7/24/2021 10:45:00 AM

Upbeat corporate earnings and signs of economic revival pushed all three major U.S. stock indexes to record closing highs

Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.

added 152.39 points, or 1.04%, to 14,836.99.A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew KellySecond-quarter reporting season is firing all pistons, with 120 of the companies in the S&P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.

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"We’re seeing companies, on average, beat on the top and on the bottom line," Zaccarelli said. "We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far."Analysts now expect aggregate year-on-year S&P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.

Read more: Reuters Top News »

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AT&T Adds 2.8M HBO And HBO Max Subscribers In Q2, Smashes Wall Street ForecastsHBO and HBO Max added 2.8 million subscribers in the second quarter, reaching 47 million in the U.S. and helping parent AT&T beat Wall Street forecasts. Total AT&T revenue of $44 billion ro… And how many are JUST HBO Max? In the same time, Disney gained less than 1m in the US and Netflox lost subs Great day to be an attemployee Read more at ATTNEWS

Wall Street inches higher in pivot back to growth stocksWall Street rose modestly after two days of strong gains. Lackluster jobs data and mixed earnings sent investors back to growth and tech stocks

Asian markets mixed as Wall Street ticks higherAsian markets were mixed on Friday after major indexes edged higher on Wall Street, preserving their gains for the week. good luck Sir, can you help me invest in stocks as I am a beginner. Please refer to below link as it has 40 plus tools that helps you analyse various stocks at ones. Analysis -

U.S. stock-index futures point to fourth day of gains for Wall StreetInvestors were gearing up for another positive session on Friday, with shares of Twitter and Snap rising in premarket trading. Account management available Terms and conditions 1. $200 balance 2. 50/50 profit sharing 3.The investor should never under any circumstances add, subtract or open any trade positions after handing over the account for management* horrible So the delta variant narrative lasted one day? You guys were just unloading. You are a scam. DarkPoolAbuse AMC

Wall Street surges to all-time closing high on earnings, economic revivalWall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.

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