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Barchart
Barchart
Rich Asplund

Stocks Find Support on Q1 Earnings and Lower Bond Yields

The S&P 500 Index ($SPX) (SPY) this morning is up +0.97%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.22%. 

US stock indexes this morning are moderately higher, with the Dow Jones Industrials climbing to a 1-1/2 week high. Better-than-expected Q1 earnings results are supporting stocks today.  Stocks extended their gains after a weaker-than-expected US Apr S&P manufacturing PMI report knocked bond yields lower. 

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