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Stock impact report

Wall Street rises to pull S&P 500 back nearly to record high [Los Angeles Times (CA)]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
The S&P 500 rose 26.41 points, or 0.5%, to 5,214.08. The Dow Jones industrial average gained 331.37 points, or 0.8%, to 39,387.76, and the Nasdaq composite added 43.51 points, or 0.3%, to 16,346.26. A report showing a pickup in layoffs helped to support the market. The number of workers applying for unemployment benefits rose by more last week than economists expected, though it remains relatively low compared with history. That could be a sign that the economy can pull off a hoped-for balancing act of staying solid enough to avoid a bad recession, but not so strong that it puts upward pressure on inflation. Treasury yields erased earlier gains immediately after the report's release, an indication of expectations for the Federal Reserve to deliver long-sought cuts to interest rates later this year. Elsewhere on Wall Street, some stocks swung sharply after their latest earnings reports. Equinix jumped 11.5% after reporting stronger profit for the latest quarter than analysts e Show less Read more
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