Ending the S&P 500’s winning streak, stocks fell today due to earnings and U.S. economy growth fell short of predictions.
Thanks to more earnings reports coming in, among them UPS, and a fall in jobless claims, stocks rose and the S&P 500 continued its winning streak for a fifth day.
Several companies, including Boeing and Apple, reported earnings today, and the resultant investor confidence led to an increase in stocks, adding a fourth straight day to the S&P 500’s rally.
On the back of expectation-beating earnings from several companies and March’s rise in new home sales, stocks rose today.
Thanks in part to a rally in commodities, stocks rose today, starting a comeback from the S&P 500’s worst week in five months. Companies reporting their earnings also contributed to the gains.
Stocks rose today, as the S&P 500 made progress up from yesterday’s six-week low, thanks mainly to expectations-beating earnings coming in from various companies, including Capital One and Google.