It’s official. Joe has the grandest economy in the history of the world. He has picked up the pieces of Trump’s disaster and added much needed stability to the government and its returning opportunity everywhere. Links are below. Today’s company profits killed it.
The aggregate third-quarter earnings result for S&P 500 companies has beaten analyst estimates by about 14%, according to Credit Suisse. Banks have beaten estimates by the widest margin, bringing the overall earnings beat drastically higher. Still, companies across the board are clearing profit expectations.
The results are enabling a breadth of stocks to rise, with the Invesco S&P 500 Equal Weight Exchange-Traded Fund (RSP) up 0.6%. That fund weights each holding in the index equally and its movements indicate the breadth of stocks that are up or down.
^DJI $35,457.31 (+0.56%) on Yahoo Finance
Dow Jones Industrial Average (^DJI) Charts, Data & News - Yahoo Finance
- Highest corporate profits in history
- Highest stock market in history
- Most job opportunities in history
The aggregate third-quarter earnings result for S&P 500 companies has beaten analyst estimates by about 14%, according to Credit Suisse. Banks have beaten estimates by the widest margin, bringing the overall earnings beat drastically higher. Still, companies across the board are clearing profit expectations.
The results are enabling a breadth of stocks to rise, with the Invesco S&P 500 Equal Weight Exchange-Traded Fund (RSP) up 0.6%. That fund weights each holding in the index equally and its movements indicate the breadth of stocks that are up or down.
Stocks Closed Up Today. Profits Are a Beautiful Thing.
The stock market closed higher Tuesday, as investors looked past macro concerns such as inflation and central bank stimulus to focus on the wave of corporate earnings ahead.
www.barrons.com
^DJI $35,457.31 (+0.56%) on Yahoo Finance
Dow Jones Industrial Average (^DJI) Charts, Data & News - Yahoo Finance
Corporate Profits After Tax (without IVA and CCAdj)
Graph and download economic data for Corporate Profits After Tax (without IVA and CCAdj) (CP) from Q1 1947 to Q2 2024 about CCADJ, IVA, corporate profits, tax, corporate, GDP, and USA.
fred.stlouisfed.org
United States Job Openings
Job Offers in the United States decreased to 8184 Thousand in June from 8230 Thousand in May of 2024. This page provides the latest reported value for - United States Job Openings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar...
tradingeconomics.com