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Barchart
Rich Asplund

Stocks Rebound on Positive Q1 Earnings Results and Lower Bond Yields

the Dow Jones Industrials United States Joe Biden Autodesk ECB JB Hunt Transport Services United Airlines Holdings

The S&P 500 Index ($SPX) (SPY) this morning is up +0.42%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.33%. 

US stock indexes this morning are moderately higher on some positive corporate news and lower bond yields.  United Airlines Holdings is up more than +10% after reporting a smaller-than-expected Q1 adjusted loss per share and forecasting stronger-than-expected Q2 adjusted EPS.  Also, Alcoa is up more than +3% after Bloomberg reported that President Biden will propose higher tariffs on Chinese steel and aluminum during a visit to Pittsburgh.  In addition, Eli Lilly is up more than +2% after it said its Zepbound weight-loss drug helped sleep apnea symptoms in studies.

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