Good Sunday morning, and welcome to Weekend Reading. As always, here are some articles and papers worth reading. First, however, a look back at the week that just finished, and a look forward to the week ahead.
The major U.S. indices gained ground last week. The Dow Jones Industrial Average closed up 1.6%, the S&P 500 rose 1.7% and the Nasdaq added 2.1%. The chief cause? Lower-than-expected inflation numbers put to rest the previous week's inflation worries, and earnings have come in strong, especially on the nonconsumer side.
Looking forward to next week, things look set go higher. Companies are signaling that things look good in the second half of the year. What's more, earnings are likely to beat the current consensus of 4.6% year-over-year growth, largely on the back of business-to-business sales. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,329.72 | 1,093.48 | 2,137.89 | 32.01 |
Oil *
78.55
|
|
UP
19.80
|
UP
1.99
|
DOWN
0.55
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.44
|
|
+0.19%
|
+0.18%
|
-0.03%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet