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Markets saw new heights last week as the S&P 500 and the NASDAQ both registered all-time new highs. The weekly gains were fueled by a plethora of earnings, economic reports, Fed action, and general geopolitical optimism. 3rd quarter earnings continue to be reported over the next couple of weeks, with the greatest number to be released this week. As it stands, roughly three fourths of the S&P 500 earnings have been released with three quarters of those firms beating expectations.
By Heritage5
33 ratings
Markets saw new heights last week as the S&P 500 and the NASDAQ both registered all-time new highs. The weekly gains were fueled by a plethora of earnings, economic reports, Fed action, and general geopolitical optimism. 3rd quarter earnings continue to be reported over the next couple of weeks, with the greatest number to be released this week. As it stands, roughly three fourths of the S&P 500 earnings have been released with three quarters of those firms beating expectations.