HomeMarket NewsUS Stock Market LIVE Updates: S&P 500 and Nasdaq hit record highs to start the week amid earnings optimism
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.
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.