Live Breaking News & Updates on Raymond James Larry
Stay updated with breaking news from Raymond james larry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Alltime high extending its gain into the fourth week as investors cheered corporate earnings. According to Lpl Financial today is historically the best day o the year f stocks and it stts the best sixmonth stretch for the ma det. Toda not disappoint. The dow jones industrtrl average was up to 27,090. Theed nasdaq a 82 and the s p 500 rose 16. And as you know, earnings can often drive rallie but this move higher appeave to be d by whats not being said on all ofhose earnings conference calls. Bob pisani explains. Were coming up on the halfway part of the earnings seas one word investors are not hearing is recession. Plenty of issues out there but the u. S. Consumer which is the engine of Global Growth istill holding up. Weve been scanneding the conference calls. 32 companies have mentioned the wordsion and that along with hopes of a trade deal is the major reaso the s p is hiing ....
And china next month. Investors view that meeng as a sign of progress in the conflict between the worlds two economic superpowers and that eventually it will be resolved. Trade developments hav moved the market both higher and lower inin recent weeks. Today, stocks rose along withst ins sentiment. The Dow Jones Industrial average rose 372 points to 26,728. The nasdaq was up 139, and the s p 500 added 38. Seema mody was following all of the action from theoc new york exchange. Reporter for the second straight day, easing global tensions sparked alobal rally. Stocks jumped on hopes that the u. S. And china will come to terms on trade. Officials from the two countries now plan on resuming highlevel trade talks in october. Triple digits close i c best twoday rally in three months. A wide range of stocks participated in the rally technology, consumer discretionary, industrial stocks like 3m and caterpillar that do business in chi ....