S&P, Dow hit new peaks on strong earnings

Image
Reuters
Last Updated : Jul 20 2016 | 7:23 PM IST

REUTERS - The S&P 500 and the Dow touched new highs at the open on Wednesday, extending a record-setting rally, after Morgan Stanley and Microsoft reported strong quarterly results.

The Dow Jones Industrial Average was up 52.8 points, or 0.28 percent, at 18,611.81.

The S&P 500 was up 5.72 points, or 0.26 percent, at 2,169.5.

The Nasdaq Composite added 24.25 points, or 0.48 percent, to 5,060.62.

(Reporting by Tanya Agrawal; Editing by Savio D'Souza)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 20 2016 | 7:02 PM IST

Next Story