More than 4 out of 5 S&P companies report profits that beat estimates
Dow Jones posted it’s biggest jump in 5 weeks. All three major US indices closed at record highs with corporate profits beating estimates.
Here’s what caught our eye among equities:
S&P 500 Index added 0.1% at the close in New York.
Dow Jones jumped 0.7%
Stoxx Europe 600 Index rose 0.3%.
FTSE 100 added 0.4%.
DAX sprung 0.4% to a record.
A fairly boring FX session safe for the yen:
The dollar was little changed.
The euro added 0.2% to $1.1794.
The pound climbed 0.1% to $1.3198.
The yen slumped 0.6% to 112.92 per dollar.
Oil gaining ground while haven gold slips away:
WTI gained 0.2% to $52 a barrel.
Gold fell 0.3% to $1,280.76 an ounce, a one-week low
Copper retreated for a second day, declining 0.6% to $3.175 a pound