U.S. stocks extended their gains on expectations of strong results from major companies, with the Dow closing 423 points higher. Full-scale earnings announcements are expected to begin next week.
U.S. stocks extended their gains, with the Dow Jones Industrial Average closing approximately 423 points higher. Market participants appear to have bought stocks on expectations of strong results from major U.S. companies.
Reports have focused on market expectations ahead of upcoming earnings announcements, with full-scale earnings reporting expected to begin next week. Market participants are therefore watching companies’ earnings trends closely.