Dow not far behind following the barrage of solid results from major companies across different economic sectorsA view of the exterior of the Nasdaq market in Manhattan, New York. Picture: REUTERS
The surge came as European bourses notched modest gains in the first day back after the Easter recess, while oil prices continued to push higher after the US announced it would crack down on Iranian exports. “We are now seeing more signs of solid economic growth, as well as indications that companies not only are reporting better than expected first-quarter earnings but also are continuing to guide for modest earnings growth throughout 2019,” Kate Warne, an investment strategist at Edward Jones, told AFP.
The White House’s announcement means that eight countries — China, India, Turkey, Japan, South Korea, Taiwan, Italy and Greece — will face sanctions starting in May if they continue to buy oil from Iran.
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