Jul 21 2021, 8:12 PM
July 21 2021, 3:40 AM
July 21 2021, 8:12 PM
(Bloomberg) Stocks rose as a slew of corporate earnings took the focus off concerns about the economic impact of coronavirus flareups. Treasuries fell.
(Bloomberg) Stocks rose as a slew of corporate earnings took the focus off concerns about the economic impact of coronavirus flareups. Treasuries fell.
After a bruising selloff driven by concerns over a peak in earnings and growth momentum, equities pushed higher for a second day. Giants such as Verizon Communications Inc. and Coca-Cola Co. climbed after better-than-estimated quarterly results. Despite rising investor anxiety on whether Covid-19 infections will upend a travel resurgence, United Airlines Holdings Inc. predicted profits ahead. Meantime, Netflix Inc. retreated on a disappointing subscriber forecast.
Stocks rise with earnings in focus; treasuries dip
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Stocks climb with earnings in focus; bonds decline
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.