ReePrime
US Stock Nears Record Highs

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

US Stock Nears Record Highs

W
Wochit Entertainment

22 Views • Aug 26, 2020

Description

US equities hovered near all-time highs on Wednesday.
Investors are studying healthy earnings results, positive economic data, and falling daily COVID-19 infections.
Salesforce, Urban Outfitters, and HP Enterprise all gained after beating Wall Street estimates for quarterly profits.
The Census Bureau said US durable-goods orders gained 11.2% in July.
The reading beat economists' 4.8% estimate and it signaled a continued recovery in the nation's manufacturing industry.
Oil prices climbed. West Texas Intermediate crude increased as much as 0.7%, to $43.67 per barrel.