Stocks – S&P Record Within Sight as Disney, Earnings Fuel Rally

More from: | Investing.com |
0

© Reuters.

Investing.com – Stocks racked up gains Friday, led by Walt Disney and financials as JPMorgan delivered blowout earnings.

The rallied 1.03%, while the gained 0.66%. The gained 0.46%.

The S&P 500 ended the day just 1.1% below its all-time high of 2,940.91, reached on Sept. 21, 2018. The Dow is within 2% of its 2018 peak, and the Nasdaq is 1.8% below its 2018 peak.

JPMorgan (NYSE:) got the earnings season underway on a good note, beating the consensus from Investing.com on the both the . Its share price rose 4.6%.

Wells Fargo (NYSE:) fell 2.6% as its above-consensus earnings was overshadowed by a weakness in its consumer lending business. Investors also had to contend with more bad

(...)

Read full article » https://www.investing.com/news/stock-market-news/stocks--sp-record-within-sight-as-disney-earnings-fuel-rally-1835199


About | Investing.com |

Investing.com is a global financial portal and internet brand composed of 28 editions in 21 languages and mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each edition covers a broad variety of local and global financial vehicles including Stocks, Bonds, Commodities, Currencies, Interest Rates, Futures and Options. Founded in 2007, Investing.com has a growing readership worldwide and is now a leading global financial portal committed to constantly launching innovative features and sections to ensure an optimal one-stop source for its readers.

»Twitter: @investingcom »Facebook: @investingdotcom