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Of the 21% of S&P 500 companies that have reported so far, about 80% beat profit estimates by 5%, while 60% beat revenue estimates, according to data from Bank of America.
The major stock market indexes all tallied a winning week in the end, with the Dow Jones average gaining 1.2%, the S&P 500 rising 1.4%, and the Nasdaq Composite closing up 1.7%.
The S&P 500 and Dow Jones Industrial Average slumped in the early morning, while the tech-heavy Nasdaq Composite was in the green. Meanwhile, bond yields ticked higher.
Nearly one-fifth of S&P 500 companies have reported third-quarter results, and about 80% have beaten profit estimates by 5%, Bank of America said. General Motors rose over 10% Tuesday after ...
Bank of America expects the upcoming CPI report to be more important than markets may believe. ... Dow Jones Industrial Average: 44,246.85, ... USA TODAY Sports.
A monthlong stock market decline sparked by surging bond yields could be interrupted by strong 4th quarter earnings. ... Dow Jones Industrial Average: 42,297.12, up 0.9% ... Bank of America says.
The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again, with attention turning to Friday's PCE report.
Stock market today: Santa Claus rally kicks off with near-400 point gains for Dow Jones ... according to data from Bank of America. ... Dow Jones Industrial Average: 43,297.03, up 0.91% (+390 ...