Tag: Positive Earnings

Plenty of Good Things for Wall Street This Week – Weekly Update

October 31, 2022 | By Steven DiGregorio

Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average rose 5.72%, while the Standard & Poor’s 500 advanced 3.95%. The Nasdaq Composite index added 2.24% for the week. The […] READ MORE

Stocks Mixed on COVID-19, Powell – Weekly Update

November 22, 2021 | By Steven DiGregorio

Trading Uncertainty A healthy retail sales report, falling jobless claims, positive earnings surprises, and strong manufacturing data lent support to stock prices, but investor sentiment was dampened by several concerns. Chief among these worries are a resurgence of COVID-19 infections this winter and the impact inflation may have on consumer confidence and corporate profit margins. […] READ MORE