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US markets post gains as strong earning reports continue

  • Regular
  • US Market
  • 3 weeks ago
  • 28

US indices made up the lost ground from Wednesday’s session, although there still seems to be an air of concern surrounding the current trade negotiations between Washington and Beijing.

However, fourth quarter earnings are keeping up the momentum and investors are closely watching what the revenue expectations are going ahead in 2019.

Hence, the DJIA advanced by 0.7%, with United Technologies and Procter & Gamble’s shares rallying above 4.8% while IBM powered up by 8.5%.

Meanwhile the S&P 500 rose 0.2% and the Nasdaq ended the day’s exchange up by 0.1%.

 

 

Source: Smart Trend Team