CNBC, September 21, 2018: “‘I’ve been a bit surprised at how robust the rally has been given the chatter on trade,” said Michael Geraghty, equity strategist at Cornerstone Capital. He noted, however, equities are also benefiting from strong corporate profits. “The stock market is strong because the economy is strong and the economy is strong because corporate earnings are strong.'” Read full article here.
In the News / Dow and S&P 500 rise to record, adding to strong gains on the week
Dow and S&P 500 rise to record, adding to strong gains on the week
September 21, 2018