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📈 SPX | 4,631 (+17, +0.4%)
📈 DJIA | 36,053 (+139, +0.4%)
📈 CCMP | 15,650 (+54, +0.3%)
🎉 The Russell 2000 of small-caps closed at a record high as well, with a strong earnings season acting as a tailwind for positive sentiment in equities.
🚂 Around 83% of S&P500 companies reporting earnings so far have beat expectations.
📈 Stocks such as Under Armour (+16.5%) popped after reporting positive earnings results, while raising their annual outlook. Tesla (-3.0%) however, dipped slightly after a declared recall (11,700 cars) and Elon Musk tweeting that they have not signed a contract with Hertz.
🛢 US President Biden and other countries from Japan to India called on oil-producing nations yesterday to produce more oil, an unusual amount of pressure likely spurred by rising energy costs.
