U.S. markets closed
  • S&P 500

    4,448.98
    +53.34 (+1.21%)
     
  • Dow 30

    34,764.82
    +506.50 (+1.48%)
     
  • Nasdaq

    15,052.24
    +155.40 (+1.04%)
     
  • Russell 2000

    2,259.04
    +40.48 (+1.82%)
     
  • Crude Oil

    73.24
    +1.01 (+1.40%)
     
  • Gold

    1,746.10
    -32.70 (-1.84%)
     
  • Silver

    22.56
    -0.35 (-1.51%)
     
  • EUR/USD

    1.1744
    +0.0048 (+0.41%)
     
  • 10-Yr Bond

    1.4100
    +0.0740 (+5.54%)
     
  • GBP/USD

    1.3723
    +0.0103 (+0.76%)
     
  • USD/JPY

    110.3230
    +0.5450 (+0.50%)
     
  • BTC-USD

    44,566.19
    +1,130.71 (+2.60%)
     
  • CMC Crypto 200

    1,117.76
    +8.84 (+0.80%)
     
  • FTSE 100

    7,078.35
    -5.02 (-0.07%)
     
  • Nikkei 225

    29,639.40
    -200.31 (-0.67%)
     

Why Alcoa Stock Is Soaring This Week

·2 min read
Why Alcoa Stock Is Soaring This Week
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

During earnings season, one often gets to see glaring examples of how irrational the stock markets can be. Alcoa reported its second-quarter numbers on July 15 after market close. It was the company's strongest quarter since 2016, when it became an independent upstream aluminum company after the-then Alcoa split into two.