HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » Stock market news live up...

Tue Jul 19, 2022, 04:34 PM

Stock market news live updates: Stocks soar as investors parse another round of earnings

Yahoo Finance

Stock market news live updates: Stocks soar as investors parse another round of earnings

Alexandra Semenova Reporter
Tue, July 19, 2022 at 4:03 PM

U.S. stocks rose sharply in a turnaround rally Tuesday that helped lift all three major indexes more than 5% from their lows in June.

The benchmark S&P 500 index gained 2.8%, while the Dow Jones Industrial Average jumped 750 points, or roughly 2.4%. The tech-heavy Nasdaq Composite surged 3.1%

{snip}

Meanwhile, IBM (IBM) stock tumbled 5.3% despite an earnings beat after the software giant trimmed its forecasts for free cash flow this year, citing currency headwinds and loss of business in Russia.

{snip}

0 replies, 462 views

Reply to this thread

Back to top Alert abuse

Reply to this thread