Stocks closed sharply higher Wednesday, nearly wiping out losses from the previous session, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and DuPont rose, BofA fell.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 20.
Stocks lost a little ground in the final minutes of trading, but were still significantly higher, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and Intel rose.
Stocks are at the highs of the day as the dollar hits session lows. With that, stocks have recovered most of their losses from yesterday (Tuesday). The dollar’s retreat is once again pushing up commodities and commodity stocks late in the morning, with metal and energy stocks are amongst the leadership groups today.
Stocks added to gains after several companies posted positive earnings results and as investors shrugged off concerns about the effect of the foreclosure crisis on banks and a rise in Chinese interest rates. Boeing and DuPont rose, while Bank of America fell.
Investors who care about the environment or believe it’s just a matter of time before the nation’s lawmakers begin to address climate change, have a growing number of green investment options.
M&A activity is back in the spotlight this week. Already a handful of high-profile acquisition announcements are getting positive feedback from investors, as they bid up shares of both the acquirers and buyout targets. That behavior is pretty telling about market sentiment right now. ...A report from TheStreet.
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A fairly disappointing open for the markets given the solid 2 percent gains in Europe earlier and a round of excellent earnings reports across a broad array of sectors. Although many companies reported strong earnings this morning, their commentary on the economy was more subdued.
What follows is a roundup of corporate earnings reports for Wednesday, July 21.
These stocks can be trusted, even in an environment where it’s hard to trust at all.
What follows is a roundup of corporate earnings reports for Tuesday, April 20.
We opened positive on generally good corporate earnings, positive economic data in Europe and opening above the psychologically important 1200 level for the S&P 500. Even thought the Dow is relatively flat, there are THREE stocks advancing for every ONE declining...