business / news / / The Economic Times
The S&P 500 and Nasdaq closed slightly higher, while the Dow Jones slipped.
Verizon surged after exceeding expectations for postpaid phone subscribers and raising its annual profit forecast.
KEY POINTS
- Nvidia regained its market value above $5 trillion after extending its post-earnings rally.
- Brent crude prices climbed above $108 due to Iran restricting shipments in the Strait of Hormuz.
- Over 81% of S&P 500 companies reporting so far have beaten analyst earnings estimates this quarter.
- Investors await earnings from tech giants representing 44% of S&P 500 market value amid AI profit hopes.
COMPANIES
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