Wall Street sets more records and closes a 6th straight winning week [Los Angeles Times (CA)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Los Angeles Times
The Standard & Poor's 500 rose 0.4% to squeak past the all-time high it had set early this week. The Dow Jones industrial average added 0.1% to its own record set the day before, and the Nasdaq composite gained 0.6%. Netflix helped drive the market with a leap of 11.1% after the streaming giant reported stronger profit for the latest quarter than analysts expected. That was despite a slowdown in subscriber growth. It helped offset a 5.2% drop for CVS Health, which said it's likely to report a profit for the latest quarter that's well below what analysts had been expecting. The company also said David Joyner, an executive vice president, is taking over as president and chief executive for Karen Lynch. Trading overall on Wall Street remained relatively calm, as the S&P 500 closed its sixth straight winning week. That's its longest such winning streak of 2024. Solid economic data has boosted hopes the U.S. economy can make a perfect escape from the worst inflation in generations
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SPGI
News
- Netflix ‘far outpacing' other streamers, analyst says after big earnings beat [BNN Bloomberg (Canada)]BNN Bloomberg
- Do Your Investment Fees Increase Your Returns? [Forbes]Forbes
- 19 of 21 financial stocks post earnings beats as banks continue to win big - Earnings Scorecard [Seeking Alpha]Seeking Alpha
- NJ Transportation Agency Raises $3.2 Billion in Muni Sale Surge [Yahoo! Finance]Yahoo! Finance
- Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne [Business Insider]Business Insider
SPGI
Earnings
- 7/30/24 - Beat
SPGI
Sec Filings
- 10/17/24 - Form 8-K
- 10/15/24 - Form 8-K
- 8/9/24 - Form 4
- SPGI's page on the SEC website