(Bloomberg) -- The U.S. stock market extended
July's advance on $25 billion of share buybacks and speculation
second-quarter earnings will surpass analysts' estimates.
ConocoPhillips, the third-largest U.S. oil producer, rose
to a record and Johnson & Johnson, the world's biggest maker of
health-care products, climbed the most in almost two months
after saying they will repurchase stock. Alcoa Inc., the
second-largest aluminum maker, led the Dow Jones Industrial
Average to within 27 points of a record ahead of today's
earnings report.
Read more at Bloomberg Stocks News
July's advance on $25 billion of share buybacks and speculation
second-quarter earnings will surpass analysts' estimates.
ConocoPhillips, the third-largest U.S. oil producer, rose
to a record and Johnson & Johnson, the world's biggest maker of
health-care products, climbed the most in almost two months
after saying they will repurchase stock. Alcoa Inc., the
second-largest aluminum maker, led the Dow Jones Industrial
Average to within 27 points of a record ahead of today's
earnings report.
Read more at Bloomberg Stocks News
No comments:
Post a Comment