Stocks Try for Back-to-Back Gains
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Stocks are higher, with the S&P 500 and Nasdaq showing gains.
- Corporate earnings have generally been strong, exceeding estimates.
- Oil prices and interest rates have experienced volatility.
- Apple has expanded its partnership with Qnity Electronics for iPhone components.
- Several major companies, including Capital One, SpaceX, and Netflix, are reporting earnings.
- Economic data releases include initial jobless claims and weekly mortgage applications.