S&P 500 notches 3rd straight record high as quarterly earnings pour in
"Will the earnings season get investors back into the markets?
Pacer ETFs Distributors President Sean O'Hara on the state of the earnings season and the outlook for stocks.
U.S. stocks
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closed mixed Tuesday, but the S&P 500 notched a record high for the third straight session on unexpectedly strong quarterly results from General Electric and biopharmaceutical company Pfizer.
Quarterly results were mixed as General Motors earnings came in weak and shares of Google parent Alphabet tumbled after the search engine reported on Monday that revenue growth in the last quarter was the weakest since 2015.
Alphabet
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indicated that rivals had taken a share of its once-dominant online advertising business. That slashed its share price -- its worst decline since 2012 -- and cut some $70 billion out of its market capitalization."
Stovcks mixed but still relatively high. not a bad 3 days.
Pacer ETFs Distributors President Sean O'Hara on the state of the earnings season and the outlook for stocks.
U.S. stocks
Opens a New Window.
closed mixed Tuesday, but the S&P 500 notched a record high for the third straight session on unexpectedly strong quarterly results from General Electric and biopharmaceutical company Pfizer.
Quarterly results were mixed as General Motors earnings came in weak and shares of Google parent Alphabet tumbled after the search engine reported on Monday that revenue growth in the last quarter was the weakest since 2015.
Alphabet
Opens a New Window.
indicated that rivals had taken a share of its once-dominant online advertising business. That slashed its share price -- its worst decline since 2012 -- and cut some $70 billion out of its market capitalization."
Stovcks mixed but still relatively high. not a bad 3 days.
All Comments
- 0Posted by CircuitGuy 5 years agoWhen I hear people talk about whether it was a good or bad 3 days for the stock market, it sounds like a signal of a market peak.| Permalink
