US Stock Market Highlights: S&P 500 posts first close above 6,300, Nasdaq hits a record ahead of big tech earnings

3 weeks ago

HomeMarket NewsUS Stock Market Highlights: S&P 500 posts first close above 6,300, Nasdaq hits a record ahead of big tech earnings

US Stock Market LIVE Updates: US stocks are rising toward more records on Monday (July 22) ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs. The S&P 500 was 0.6% higher in afternoon trading and above its all-time high set on Thursday. The Dow Jones Industrial Average was up 217 points, or 0.5%, as of 2:12 p.m. Eastern time, and the Nasdaq composite was adding 0.7% to its own record.

 S&P 500 posts first close above 6,300, Nasdaq hits a record ahead of big tech earnings

US Stock Market LIVE Updates: US stocks are rising toward more records on Monday (July 22) ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump’s tariffs. The S&P 500 was 0.6% higher in afternoon trading and above its all-time high set on Thursday. The Dow Jones Industrial Average was up 217 points, or 0.5%, as of 2:12 p.m. Eastern time, and the Nasdaq composite was adding 0.7% to its own record. Verizon Communications helped lead the way and rose 4.8%. The telecom reported a stronger profit for the latest quarter than analysts expected, along with higher revenue than forecast. Following the strong performance, Verizon raised its forecasts for profit and other financial measures for the full year.

Watch this space for all the Live updates.

Read Full Article at Source