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Barchart
Rich Asplund

Stocks Settle Mainly Higher Ahead of Friday’s US Payroll Report

United States Nasdaq Dow Jones Industrials Goolsbee US Federal Reserve Chicago Fed ECB Qualcomm Skyworks Solutions YUM

The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.36%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.54%.  March E-mini S&P futures (ESH25) rose by +0.20%, and March E-mini Nasdaq futures (NQH25) rose by +0.36%. 

Stocks settled mainly higher on Thursday due to positive earnings results.  Tapestry rose more than +12% after reporting stronger-than-expected Q2 adjusted EPS and raising its full-year adjusted EPS forecast.  Also, YUM!  Brands closed up more than +9% after reporting Q4 worldwide comparable sales above consensus.  In addition, Hershey Co. closed up more than +4% after reporting better-than-expected Q4 net sales.

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