Markets are eyeing signs of easing in Mideast tensions and impressive AI-fueled tech earnings.
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Markets are eyeing signs of easing in Mideast tensions and impressive AI-fueled tech earnings.
Major gauge futures soared following a series of record closes from US indexes.
By Lawrence Delevingne and Amanda Cooper May 5 (Reuters) - Global stocks rose on Tuesday, taking some heart from a series of robust earnings, while simmering hostilities between the U.S. and Iran over
Stocks were back near their highest levels on record after Wall Street turned its attention away from Iran and back to earnings season. The Dow rose 305 points, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq was up 0.
Monday, BWX Technologies reported first-quarter earnings per share of $1.12 from sales of $860.2. million.
Shares of Firefly Aerospace rocketed higher after the space technology company reported better-than-expected first-quarter earnings. Firefly is still a smaller, growing company. Wall Street was looking for sales of $77.1 million, according to FactSet.