Episode Details

Back to Episodes

US Stocks Surge, Fueled by Corporate Profits

Published 2 days, 6 hours ago
Description

U.S. stocks continue their upward trend, with the S&P 500 reaching a new peak and the Nasdaq breaking the 24,000 mark. This surge is driven by corporate profits beating expectations, with companies like PepsiCo, J.B. Hunt, Marsh and McLennan, and Taiwan Semiconductor posting strong results. However, not all stocks are rallying, with Abbott and Allbirds experiencing drops. Treasury yields have risen slightly due to fewer jobless claims and optimism around the peace deal. Global markets are also up, with Europe and Asias heavy hitters seeing gains.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/9961f2a3f873544b

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us