✉news BusinessMarkets first seen 6 d ago, last 4 d ago, peak #29
US stocks hit record high on profit optimism
Original: US stocks rise to a record on expectations for companies to make even fatter profits
US stock indexes climbed to record levels as investors bet that corporate earnings will continue to grow. Markets are rallying on expectations that companies will deliver even stronger profits in upcoming reporting seasons. Commentators note the milestone highlights how much optimism about earnings growth is currently priced into American equities.
Why now: A fresh record high in US stocks driven by earnings expectations is major market news investors are following.
Evidence
- US stocks rise to a record on expectations for companies to make even fatter profits · Scripps News
- US stocks rise to a record on expectations for companies to make even fatter profits · LancasterOnline
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