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Barchart
Barchart
Rich Asplund

Stocks Settle Higher on Solid Earnings and Hopes for a Ukraine Peace Deal

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.78%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.95%.  September E-mini S&P futures (ESU25) rose +0.84%, and September E-mini Nasdaq futures (NQU25) rose +1.05%.

Stock indexes settled higher on Friday, with the S&P 50 posting a 1-week high and the Nasdaq 100 setting a new record high.  Stocks are supported by robust corporate earnings results and hopes that the Fed will soon cut interest rates to support the economy. 

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