Asian shares were mixed after strong corporate earnings and economic data lifted stocks on
On Monday, a strong dose of positive earnings reports and economic data that showed the
On Monday, shares of clothing retailer
Health care and energy companies helped push stocks higher Monday, with the S&P 500 closing at 4,192.66.
The Dow Jones Industrial Average added 0.7% to 34,113.23. The tech-heavy Nasdaq shed an early gain, falling 0.5% to 13,895.12.
Smaller companies, had a good showing. The Russell 2000 index picked up 0.5% to 2,277.45.
Stocks have been grinding higher on expectations of an economic recovery and strong company profits this year as large-scale coronavirus vaccination programs help people return to jobs and normal behaviors after more than a year of restrictions. Massive support from the
More than half of the companies in the S&P 500 have reported their results so far this earnings season, which show profit growth of 54% so far, according to FactSet.
This will be another busy week for earnings reports, with Merck, Pepsi,
On the economic front, a report on
A report on
The yield on the 10-year
AP Business writers