US Stock Nears Record Highs

US Stock Nears Record Highs

US equities hovered near all-time highs on Wednesday.br Investors are studying healthy earnings results, positive economic data, and falling daily COVID-19 infections.br Salesforce, Urban Outfitters, and HP Enterprise all gained after beating Wall Street estimates for quarterly profits.br The Census Bureau said US durable-goods orders gained 11.2 in July.br The reading beat economists' 4.8 estimate and it signaled a continued recovery in the nation's manufacturing industry.br Oil prices climbed. West Texas Intermediate crude increased as much as 0.7, to $43.67 per barrel.


User: Wochit Business

Views: 10

Uploaded: 2020-08-26

Duration: 00:33