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US stocks rise to a record on expectations companies will make even fatter profits
- On Tuesday, the Dow Jones Industrial Average climbed 201 points, or 0.4%, while the Nasdaq composite added 0.5% to reach a new all-time high.
- Markets rallied as oil prices dropped 2% to $98.30 per barrel, easing inflation pressure, while the 10-year Treasury yield fell to 5.25% from 5.31% late Monday.
- Constellation Energy jumped 15% on Tuesday following a deal to supply Google with nuclear-scale electricity, while Lamb Weston shares rallied 11.1% after beating profit projections.
- Option Care Health shares soared 33.1% after private investment firm CD&R and healthcare company McKesson announced a roughly $5.8 billion acquisition deal.
- Analysts expect S&P 500 companies to deliver nearly 30% earnings growth, potentially marking a third straight quarter of growth exceeding 25%.
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Podcasts & Opinions
143 Articles
143 Articles
The slight rise in the price of oil and the recovery of U.S. Treasury securities revenues are weighing on investors.
·Lisboa, Portugal
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Le Journal de MontrealReposted by 
Le Journal de Quebec
Le Journal de QuebecThe New York Stock Exchange opened in decline on Wednesday, undermined by rising bond yields and oil prices.
·Montreal, Canada
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The major US stock indexes set new records yesterday: the NASDAQ jumped another 0.45 percent and the S&P 500 rose 0.58 percent.
·Vilnius, Lithuania
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Coverage Details
Total News Sources143
Leaning Left22Leaning Right28Center31Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 27%
C 38%
R 35%
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