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Barchart
Barchart
Rich Asplund

Stocks Gain on Positive Corporate Earnings Results

The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.41%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.13%.

US stocks today are moderately higher.  Positive corporate earnings results are lifting the overall market today.  Howmet Aerospace is up more than +11% after boosting its full-year adjusted EPS forecast.  Also, PayPal Holdings is up more than +8% after reporting better-than-expected Q2 net revenue and boosting its 2024 profit forecast.  In addition, Stanley Black & Decker is up more than +8% after reporting stronger-than-expected Q2 net sales.

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