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Stock impact report

Stocks rise as strong earnings outweigh Trump’s comments on trade [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
show chapters Stocks rose on Friday as strong quarterly results from some of the largest U.S. companies counterbalanced comments made by President Donald Trump about trade with China. The S&P 500 traded 0.1 percent higher, with tech outperforming. The Dow Jones Industrial Average gained 29 points as Microsoft and J.P. Morgan Chase led the index higher. The Nasdaq Composite climbed 0.2 percent. Microsoft reported better-than-expected earnings Thursday after the close and issued strong revenue guidance. The company's stock rose about 2.26 percent and hit a record. Honeywell shares also rose 2.1 percent on stronger-than-expected earnings and revenue. So far, about 16.4 percent of S&P 500 companies have released their latest quarterly results, with 83 percent of them topping analyst expectations, according to FactSet. Wall Street has high expectations for this earnings season, with analysts expecting earnings growth of 20 percent, FactSet said. Show less Read more
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