homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

August 4, 2022

Stocks rise following solid earnings reports

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks on Wall Street closed broadly higher Wednesday as investors welcomed encouraging economic data and quarterly earnings reports from big companies including Starbucks.

The S&P 500 rose 1.6% to an almost 2-month high, while the Nasdaq gained 2.6%. Both indexes more than recouped losses earlier in the week. The Dow Jones Industrial Average rose 1.3% and the Russell 2000 index of smaller companies ended 1.4% higher.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.