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U.S. Stocks Kept Climbing in Morning Trading; Nasdaq Soared Nearly 1% While S&P 500 Jumped Over 0.7%

Tiger Newspress2022-07-29

U.S. stocks kept climbing in morning trading. Nasdaq soared 0.97%, S&P 500 jumped 0.72% while Dow Jones rose 0.27%.

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    ·2022-08-01
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    ·2022-07-31
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    ·2022-07-30
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    ·2022-07-30
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    ·2022-07-30
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  • PearlynCSY
    ·2022-07-30
    Stocks climbed for a third consecutive session on Friday as investors digested strong tech earnings and looked past concerns about high inflation and a recessionary environment. All of the major averages rose to a winning week and their best month of 2022. The Dow Jones Industrial Average advanced nearly 1%, to 32,845.13. The S&P 500 jumped 1.4% to 4,130.29, and the Nasdaq Composite added about 1.9% to end the day at 12,390.69. “Starting from a position of depressed sentiment and bearish positioning was an asset, but the bigger picture was a subtle shift in inflation and inflation expectations, and thus the market’s expectation for the Fed’s path,” said Ross Mayfield, investment strategy analyst at Baird. “Of late, corporate earnings resilience has only added to the bull case and likel
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    ·2022-07-30
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    ·2022-07-30
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    ·2022-07-30
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    ·2022-07-30
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