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S&P 500 Posts a New Record High on Strong Tech Earnings
['Rich Asplund', 'Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Stock indices are moving higher today, with the S&P 500 and Dow Jones Industrials posting record highs and the Nasdaq 100 posting a 2.5-week high.
Palantir Technologies is up more than +21% after reporting stronger-than-expected Q2 revenue and raising its full-year revenue forecast.
Also, Zebra Technologies is up more than +18% after reporting better-than-expected Q2 EPS and raising its full-year EPS forecast.
In addition, Caterpillar is up more than +10% after reporting Q2 adjusted EPS that was well above the consensus.
Gains in T-notes are limited as strength in stocks today has reduced safe-haven demand for T-notes.