Stocks end higher; the Dow sets another record close | Hot Stock Minute – Yahoo Finance
Please enter your Phone Number. Send Thanks! A link has been sent. Done Stocks snap higher in early trading; Citigroup up By The Associated Press 3 hours ago 0 shares .
Stocks Higher After Data, Earnings – Yahoo Finance
Send Thanks! A link has been sent. Done Content preferences Done Deal talk in the media world and some upbeat earnings helped boost sentiment on Wall Street.The Dow ( ^DJI ) finished 77 points higher at 17,138, another record close. The Nasdaq ( ^IXIC ) gained almost 10 points to close at 4,426 and the S&P 500 ( ^GSPC ) finished 8 points higher at 1,981. The Fed’s Beige Book showed a pickup in economic activity overall and a stronger labor market.
Closing Bell, July 16 – Business Insider
Done Stocks Higher After Data, Earnings By Kevin O’Shaughnessy 6 hours ago 0 shares Done U.S. Market Stocks were up at midday following a number of economic-data and corporate-earnings reports. Focus will also be on the Fed’s beige book, scheduled for release this afternoon. Industrial production in the United States for June rose 0.2%, seasonally adjusted, compared with May’s reading, and capacity utilization of 79.1% remained the same versus May’s number. Each reading was 10 basis points lower than economists had expected, but production was still 4.4% higher year over year and a sign that industries are still increasing their output, albeit at a slow pace.
The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2. Following the report, our Q2 GDP tracking estimate remained at 3.0%, in line with our revised forecast for second-quarter growth.” 5) Federal Reserve Chair Janet Yellen was on Capitol Hill for the second straight day, this time speaking in front of, and taking questions from, the House Committee on Financial Services. 6) The Federal Reserve also released its latest Beige Book report , a collection of economic anecdotes from click here! across the country. The report showed that the economy showed “modest growth” in most of the Fed’s regions. From the Beige Book,”The pace of economic growth was characterized as moderate in New York, Chicago, Minneapolis, Dallas, and San Francisco, while the remaining Districts reported modest expansion.
Stocks snap higher on Wall Street; Citigroup up – Yahoo News
View photo FILE – This July 15, 2013 file photo shows the New York Stock Exchange in New York. Stock futures are climbing on Monday, July 14, 2014, as investors look to shake off the worst week for the stock market in three months. Citigroup’s shares rose after it turned in better earnings and revenue than Wall Street expected. (AP Photo/Mark Lennihan, File) Stocks are closing sharply higher as the market shakes off its worst weekly performance in three months. Citigroup rose 3 percent after the bank turned in better results than Wall Street expected.