Reported 1 day ago
Wall Street's rally extended into a third day as companies reported better-than-expected profits, though CEOs expressed concerns about the sustainability of this trend due to uncertainties from the trade war under President Trump's administration. The S&P 500 rose by 2%, with significant gains in tech stocks like ServiceNow and stronger reports from Southwest Airlines and American Airlines despite cautious economic forecasts. This volatility highlights the ongoing challenges faced by investors as they navigate fluctuating market conditions influenced by tariffs and global economic uncertainties.
Source: YAHOO