Worthy Christian News » US News » Dow closes at record high as Street cheers strong earnings season


Dow closes at record high as Street cheers strong earnings season

Tuesday, August 1, 2017 | Tag Cloud Tags: ,

wall-street-worthy-news

(Worthy News) - The Dow Jones industrial average closed at a record high on Monday as Wall Street cheered on what's been a strong earnings season.

The 30-stock index rose 60.81 points to close at 21,891.12 with Goldman Sachs and Home Depot contributing the most gains. Boeing also contributed gains, with shares rising half a percent after announcing it expects a record number of aircraft orders from India. The announcement came about a week after posted better-than-expected quarterly results.

The S&P 500 closed 0.07 percent lower at 2,470.30 as materials and information technology lagged. The Nasdaq composite underperformed, falling 0.42 percent to end at 6,348.12 as large-cap tech stocks like Facebook and Alphabet pulled back. [ Source: CNBC (Read More...) ]

Copyright 1999-2017 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News » US News » Dow closes at record high as Street cheers strong earnings season

Leave a Comment

Worthy Christian News » US News » Dow closes at record high as Street cheers strong earnings season