US EditionS&P 500, Nasdaq end at record highs as data, earnings point to consumer strength
UNITED STATES, JUL 21 – Strong corporate earnings and lower-than-expected inflation supported a 27% rally in the S&P 500 since April, driven by AI sector gains and robust retail sales, analysts said.
- U.S. stocks opened higher as investors anticipate earnings from major technology companies and news on tariffs related to the European Union.
- Verizon raised its annual forecast and beat analysts' expectations for second-quarter earnings, while Domino's Pizza reported better-than-expected same-store sales for the first time in five quarters.
- Earnings for the S&P 500 companies have exceeded expectations, with 81.4% surpassing Wall Street's forecasts, compared to a long-term average of 67.1%.
- President Donald Trump has set August 1 as a 'hard deadline' for countries to start paying tariffs, although he expressed optimism for a deal with the EU.
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120 Articles
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Total News Sources120
Leaning Left25Leaning Right7Center47Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 32%
C 59%
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