US Stocks Hit Record Highs on Rising Corporate Earnings Expectations
- 1The US stock market reached record highs amid expectations of increased corporate earnings.
- 2The S&P 500 index rose 0.6% on Tuesday, surpassing its previous record.
- 3The Dow Jones Industrial Average rose 0.5% on Tuesday to close at 51,521.28.
So what's the key point?
US stock markets climbed to their highest levels ever because of expectations that companies will earn more money. The S&P 500 index broke its previous record by rising 0.6%.
Source Associated Press · View original ↗
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