US stocks rise to a record on expectations companies will make even fatter profits
Analysts expect S&P 500 companies to post nearly 30% earnings growth, with easing bond yields and AI-linked deals supporting the rally.
- On Tuesday, the S&P 500 climbed 0.7% to surpass its August record, while the Dow Jones Industrial Average rose 0.6% and the Nasdaq composite reached an all-time high.
- Analysts expect S&P 500 companies to deliver nearly 30% growth in earnings per share from a year earlier, according to FactSet, marking a third straight quarter of growth exceeding 25%.
- Constellation Energy jumped 11.7% after announcing a long-term deal to supply Google with electricity, while Lamb Weston rallied 8.2% after beating quarterly profit projections.
- Yields on the 10-year Treasury eased to 5.26% from 5.31% late Monday, and Brent crude oil settled at $100.58, helping ease inflation pressure on markets.
- Despite inflation and bond yield concerns, strategists at Barclays Capital say rising earnings help investors "win the tug-of-war against yields" and sustain market gains.
29 Articles
29 Articles
How major US stock indexes fared Tuesday 10/6/2026 – WTOP News
The U.S. stock market hit an all-time high as expectations rise for companies to keep making more money. The S&P 500 climbed 0.6% Tuesday and topped its prior record set in August. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite tacked 0.4% onto its own all-time high set the day before. Constellation Energy helped lead the way after announcing a long-term deal to provide Google with electricity. Lamb Weston jumped after bec…
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 6th (local time), the three major US stock indices in New York closed higher across the board.
The three major US stock indices in New York closed higher on the 6th (local time). The S&P 500 and Nasdaq indices hit all-time highs.
US stocks rose to new records. US stock markets continued to rise on Tuesday as the upcoming earnings season and artificial intelligence demand outweighed high bond yields. US Stock Exchange, USA, Investing, Stock, NASDAQ.
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