Stocks Push Higher on Strong Corporate Earnings and Lower Bond Yields
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Barchart
Barchart
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.55%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.92%. U.S. stock index futures this morning are moderately higher, with the Dow Jones Industrials climbing to a 1-week high. Positive earnings reports and a decline in bond yields today are propelling stocks higher. Stock indexes maintained their gains after this morning’s U.S. weekly jobless claims report showed that unemployment claims rose more than expected, which was a dovish factor for Fed policy. Positive car…