Optimism reigns as stocks continue to shatter records [Seeking Alpha]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: Seeking Alpha
Optimism reigns as stocks continue to shatter recordsStocks roared to another day of record highs, climbing steadily through the day and finishing near session highs.The Dow, S&P 500 and Nasdaq added between 1.6% and 2% for the week, increasing their 2018 gains to 4.2%-5.2%.The Dow's 4.3% YTD gain and the S&P's 4% rise mark the best start to a year since 2003, and the Nasdaq's 5% advance represents the strongest start since 2004.“The economy is looking good, numbers look good, and companies are making money. This quarter may be a little messy because of the tax bill, but there’s so much optimism, so much enthusiasm about earnings,”says Michael Matousek, head trader at U.S. Global Investors.Consumer discretionary (+1.3%) was the top-performing group, with Lowe's (+5.4%) setting the pace after reports that investor D.E. Shaw has build an active stake in the company.The energy sector (+1%) rallied again amid another strong day for crude oil, as WTI futures jumped 0.6% to $64.21/bbl, and
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Earnings
- 2/27/24 - Beat
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Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- LOW's page on the SEC website