Connect with us

archive

Earnings Overshadow Ukraine Concerns, Stocks Rise to End Shortened Trading Week

Earnings Overshadow Ukraine Concerns, Stocks Rise to End Shortened Trading Week (Bloomberg)

Positive earnings outweighed concerns over continuing tensions in Ukraine in the minds of investors, who sent the S&P 500 up to end the week, the market’s best since July. The U.S. markets will be closed tomorrow. “Any deceleration of the conflict will be a relief for the market,” Terry Morris, a senior equity manager at Wyomissing, Pennsylvania-based National Penn Investors Trust Co., said. “Combine the ease of the tension between Russia and Ukraine and generally a positive tone of earnings, the result is an upward drifting market.”

Newsletter Signup.

Sign up to the Human Events newsletter

Advertisement
Advertisement

TRENDING NOW:

The Divided State of Britain.

CULTURE

Big Tech Big Tech

‘Principled’ Rightists Have Forgotten What the Principles Are.

TECH

Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals

Don’t Rush to War with Iran Over Some Tankers.

U.S. POLITICS

A Muslim Brotherhood Terror Designation Could Backfire.

FOREIGN AFFAIRS

Positive earnings outweighed concerns over continuing tensions in Ukraine in the minds of investors, who sent the S&P 500 up to end the week, the market's best since July.

archive

Earnings Overshadow Ukraine Concerns, Stocks Rise to End Shortened Trading Week

Positive earnings outweighed concerns over continuing tensions in Ukraine in the minds of investors, who sent the S&P 500 up to end the week, the market’s best since July.

Earnings Overshadow Ukraine Concerns, Stocks Rise to End Shortened Trading Week (Bloomberg)

Positive earnings outweighed concerns over continuing tensions in Ukraine in the minds of investors, who sent the S&P 500 up to end the week, the market’s best since July. The U.S. markets will be closed tomorrow. ??Any deceleration of the conflict will be a relief for the market,? Terry Morris, a senior equity manager at Wyomissing, Pennsylvania-based National Penn Investors Trust Co., said. ??Combine the ease of the tension between Russia and Ukraine and generally a positive tone of earnings, the result is an upward drifting market.?

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

TRENDING NOW:

The Divided State of Britain.

CULTURE

Big Tech Big Tech

‘Principled’ Rightists Have Forgotten What the Principles Are.

TECH

Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals Gulf of Oman 'attack': Oil tankers on fire amid rising tensions between Iran and rivals

Don’t Rush to War with Iran Over Some Tankers.

U.S. POLITICS

A Muslim Brotherhood Terror Designation Could Backfire.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter