Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., April 12, 2018. REUTERS/Lucas Jackson
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Wall Street benchmarks bounced higher Thursday, driven by gains in technology, financial and industrials stocks as investors hoped that lower U.S. taxes could boost first quarter corporate profits. Boeing's 1.8 percent gain was the biggest boost to the Dow, while Microsoft's 1.7 percent gain and JPMorgan's 2.3 percent jump helped lift the S&P 500 .The earnings season began with BlackRock Inc., the world's largest asset manager, reporting quarterly profit above Wall Street estimates. Analysts expect quarterly profit for S&P 500 companies to rise 18.5 percent from a year ago, the biggest gain in seven years, according to Thomson Reuters I/B/E/S.Bed Bath & Beyond shares sank more than 18 percent after the company's full-year profit forecast missed estimates.
FOLLOW THIS ARTICLE