Earnings power S&P 500 to record

Record ID: 903997

  • Title: Earnings power S&P 500 to record
  • Date: 25th July 2017
  • Summary: NEW YORK, NEW YORK, UNITED STATES (JULY 25, 2017) (REUTERS) (SOUNDBITE) (English) REGENTATLANTIC RESEARCH DIRECTOR ANDY KAPYRIN, SAYING: "You saw consumer confidence come out at the second highest level in 16 years. That's a pretty big deal. If you look at the chart on consumer confidence, we haven't been this upbeat about the economy since the late '90s."
  • Embargoed: 8th August 2017 21:24
  • Keywords: Alphabet Caterpillar McDonald's Nasdaq RegentAtlantic Wall Street stocks closing bell
  • Location: NEW YORK, NEW YORK, UNITED STATES
  • City: NEW YORK, NEW YORK, UNITED STATES
  • Country: USA
  • Topics: Economic Events,Equities Markets
  • Reuters ID: LVA0026R7V0R1
  • Aspect Ratio: 16:9
  • Story Text:The S&P 500 extended its record-setting run on Tuesday (July 25), led by well-received corporate reports from McDonald's and Caterpillar and gains for bank shares, while the Nasdaq managed a record high despite losses for Google parent Alphabet.
    The Dow Jones Industrial Average rose 100.46 points, or 0.47 percent, to 21,613.63, the S&P 500 gained 7.22 points, or 0.29 percent, to 2,477.13 and the Nasdaq Composite added 1.37 points, or 0.02 percent, to 6,412.17.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2017. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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