Midday Fly By: UnitedHealth, United Airlines, GE Aersopace report Q2 beats
The Dow Jones Industrial Average was higher near noon while the S&P 500 and Nasdaq were lower as investors digest a new wave of corporate earnings reports and renewed weakness in the semiconductor space. Markets continue to draw support from softer-than-expected consumer and producer price index reports, which reinforced hopes that inflation is easing and gave investors greater confidence the Federal Reserve can remain on hold in the near term. Meanwhile, earnings season has started off strong this week, as more than 87% of the 40 S&P 500 companies that have already released their results reported positive surprises. Big banks surpassed expectations earlier in the week, while multiple other significant companies have posted "beat and raise" reports since Wednesday's close. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: UnitedHealth (UNH) provided a "beat and raise" report for Q2 United Airlines (UAL) also reported upbeat Q2 results and raised its FY26 earnings guidance GE Aerospace (GE) also provided a "beat and raise" report for Q2 TSMC (TSM) reported better-than-expected Q2 earnings and revenue, adding it plans to.
The Dow Jones Industrial Average was higher near noon while the S&P 500 and Nasdaq were lower as investors digest a new wave of corporate earnings reports and renewed weakness in the semiconductor space.
Markets continue to draw support from softer-than-expected consumer and producer price index reports, which reinforced hopes that inflation is easing and gave investors greater confidence the Federal Reserve can remain on hold in the near term.
Meanwhile, earnings season has started off strong this week, as more than 87% of the 40 S&P 500 companies that have already released their results reported positive surprises.
Big banks surpassed expectations earlier in the week, while multiple other significant companies have posted "beat and raise" reports since Wednesday's close.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1.
STOCK NEWS: UnitedHealth (UNH) provided a "beat and raise" report for Q2 United Airlines (UAL) also reported upbeat Q2 results and raised its FY26 earnings guidance GE Aerospace (GE) also provided a "beat and raise" report for Q2 TSMC (TSM) reported better-than-expected Q2 earnings and revenue, adding it plans to.