The Dow Jones Industrial Average
A slew of mostly positive earnings reports from companies outside the Dow also helped push up markets, in general. Overall, it’s been a solid earnings season; according to S&P Capital IQ, 65% of the 407 S&P500 companies that have reported earnings have beat expectations, with an average of 8.6% earnings per share surprise.
Here’s how all three major U.S. indices fared on the day:
|Dow Jones Industrial Average||21.34 [0.16%]||13,117.51|
As is often the case with the Dow advancing mainly on positive macroeconomic news, Bank of America
Outside the Dow, Best Buy
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Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Best Buy and Bank of America. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.