Epic Research

Thursday, July 21, 2016

Microsoft helps Wall Street to another day of record highs

Epic Research Update : US Markets
Wall Street gained on Wednesday and the S&P 500 and Dow industrials set fresh records, as Microsoft’s strong results boosted the indexes and marked the latest sign that US corporate earnings season may be less dour than feared.
The Dow Jones industrial average rose 36.02 points, or 0.19 percent, to 18,595.03, for its ninth straight session of gains, its longest such streak since March 2013. The S&P 500 gained 9.24 points, or 0.43 percent, to 2,173.02 and the Nasdaq Composite added 53.56 points, or 1.06 percent, to 5,089.93.



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