U.S. stocks close higher amid strong corporate earnings

Source: Xinhua| 2018-08-07 04:44:26|Editor: xuxin
Video PlayerClose

U.S.-NEW YORK-STOCKS

Traders work at the New York Stock Exchange in New York, the United States, Aug. 6, 2018. U.S. stocks closed higher on Monday as investors digested a batch of second-quarter corporate earnings reports. The Dow Jones Industrial Average rose 39.60 points, or 0.16 percent, to 25,502.18. The S&P 500 increased 10.05 points, or 0.35 percent, to 2,850.40. The Nasdaq Composite Index rose 47.66 points, or 0.61 percent, to 7,859.68. (Xinhua/Wang Ying)

NEW YORK, Aug. 6 (Xinhua) -- U.S. stocks closed higher on Monday as investors digested a batch of second-quarter corporate earnings reports.

The Dow Jones Industrial Average rose 39.60 points, or 0.16 percent, to 25,502.18. The S&P 500 increased 10.05 points, or 0.35 percent, to 2,850.40. The Nasdaq Composite Index rose 47.66 points, or 0.61 percent, to 7,859.68.

This earnings season has been stronger than analysts had expected.

Second quarter earnings are expected to increase 23.5 percent from the same period last year. Excluding the energy sector, the earnings growth estimate declines to 20.4 percent, according to Thomson Reuters.

Of the 500 companies in the S&P 500 that have reported earnings by Aug. 3, 78.6 percent have reported earnings above analyst expectations. This is above the long-term average of 64 percent and above the prior four quarter average of 75 percent.

The second-quarter blended revenue growth estimate is 9.2 percent. Excluding the energy sector, the revenue growth estimate declines to 8.0 percent.

Some 73 percent of companies have reported revenue above analyst expectations. This is above the long-term average of 60 percent and above the prior four quarter average of 72 percent.

   1 2 3 4 5 6 7 8 9 Next  

KEY WORDS: stock
EXPLORE XINHUANET
010020070750000000000000011100001373721171
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲精品国自产拍在线观看 | 亚洲欧美另类久久久精品能播放 | 亚洲婷婷天堂婷婷色五月 | 婷婷网亚洲色偷偷男人的天堂 | 日本中文乱系列 | 在线免费观看91AV |