|Day's Range||7,493.44 - 7,658.14|
|52 Week Range||6,517.93 - 8,133.30|
U.S. equities climbed Tuesday following a slew of third-quarter earnings reports from big banks and consumer companies, many of which beat Wall Street expectations in key metrics.
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Global stocks extended gains Wednesday, driven by stronger-than-expected U.S. earnings and the biggest single-day rally on Wall Street in more than six months. U.S. earnings season is expected to add $400 billion to the collective bottom line of S&P 500 companies, with year-on-year gains of 21.5%, more than twice the rate of European earnings growth. Global stocks pared gains Wednesday, following the biggest single-day surge on Wall Street in more than six months, as investors shifted focus to the strength of U.S. corporate earnings season even as geopolitical tensions and ongoing trade disputes capped gains in Europe and Asia.
U.S. stocks on Wednesday looked poised to pull back from an upsurge in the previous session that sent major indexes to their best one-day performance since March.
Share prices in Europe and Asia were mostly higher on Wednesday before a European Union meeting seeking to resolve an impasse over an exit deal for Britain's departure from the bloc. KEEPING SCORE: France's CAC 40 added 0.2 percent to 5,183.04 and Britain's FTSE 100 rose 0.3 percent to 7,078.53. EU SUMMIT: EU leaders are to meet Wednesday to discuss Britain's exit from the bloc, although a deal is unlikely this month.
U.S. stocks surged, sending the Dow industrials up more than 500 points, as upbeat economic and earnings reports provided investors with new evidence that the domestic expansion remains on a strong footing....
Overnight on Wall Street, major stock indexes saw their best day since March after the release of strong quarterly results from some of the largest U.S. companies. Stocks in Asia were broadly higher on Wednesday following a bounce on Wall Street overnight on strong U.S. earnings. China's holdings of Treasury bills, notes and bonds fell to $1.165 trillion, from $1.171 trillion in July, according to U.S. Treasury data.
The blue-chip benchmark had its best day since March as stellar earnings pushed stocks higher and yields remained tame.
Morgan Stanley, Goldman Sachs and UnitedHealth led a parade of companies that reported profits for the third quarter that surpassed analysts' expectations. Technology companies also jumped after taking steep losses during the market's rout last week. WASHINGTON (AP) -- President Donald Trump is criticizing the Federal Reserve for raising interest rates too quickly.
Intuit’s (INTU) revenue rose at a four-year CAGR (compound annual growth rate) of 7% to $6 billion in fiscal 2018, which ended on July 31, 2018. The company’s net income improved at a four-year CAGR of 10% to $1.5 billion. The company’s Small Business & Self-Employed and Consumer segments generated 50% and 42% of its revenue, respectively, in fiscal 2018.
U.S. stocks rocketed to their biggest gain in six months Tuesday following strong earnings from major financial and health care companies as well as reports showing industrial output and job postings were rising.
Stocks close higher Tuesday with the Dow Jones Industrial Average rallying more than 500 points on upbeat earnings and robust economic data.
U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. Wall Street's three major indexes tallied their biggest one-day percentage gains since March.
The Dow Jones Industrial Average rose more than 500 points Tuesday as stocks staged a sharp rally, buoyed by upbeat earnings that helped investors shake off last week's rout. The blue-chip gauge ended with a gain of around 548 points, or 2.2%, to end near 25,798, according to preliminary figures. The S&P 500 advanced 2.1% to end near 2,810, while the Nasdaq Composite advanced 2.9% to around 7,645. A round of upbeat earnings were credited with the rally. UnitedHealthGroup Inc. jumped 4.7% to lead Dow gainers after raising its full-year earnings outlook and beating third-quarter earnings and revenue expectations.
U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies, including UnitedHealth and Goldman Sachs, and solid economic data, as equities rebounded from a recent ...
ANSYS (ANSS), Cadence Design Systems, Adobe Systems, and Intuit were the four application software companies that fell the most in the week that ended on October 11. F5 Networks, Citrix Systems, Microsoft, and Automatic Data Processing were the business software and services companies that fell the most in the week.