Stock Market Overview
Stocks Finish Higher as Q1 Earnings Impress
The S&P 500 Index ($SPX) (SPY) Tuesday closed up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.69%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.51%.Â
US stock indexes closed moderately higher on Tuesday, with the Dow Jones Industrials climbing to a 1-1/2 week high. Better-than-expected Q1 earnings results supported stocks Tuesday. Stock indexes extended their gains after a weaker-than-expected US Apr S&P manufacturing PMI report knocked bond yields lower.Â
Globe Life closed up more than +14% after raising its full-year operating EPS estimate. Also, General Electric closed up more than +8% after raising its GE Aerospace full-year operating profit estimate. In addition, Danaher closed up more than +7% after reporting better-than-expected Q1 sales.
On the negative side, LKQ Corp closed down more than -14% after reporting Q1 revenue below consensus. Also, MSCI Inc. closed down more than -13% after reporting weaker-than-expected Q1 operat... Read more
With mid-cap stocks anticipated to make a comeback on accelerated earnings growth, here are three overlooked stocks that investors might consider this spring.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.51%. US stock indexes...
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Stocks rallied for a second straight day on Wall Street to soften what’s been a rough April