U.S. Stock Market Hits Record High Amid Mixed Earnings Reports and Inflation Concerns

U.S. Stock Market Hits Record High Amid Mixed Earnings Reports and Inflation Concerns

732+ Words Refined into 7 Facts by AI • 4 sources • 9h ago

• The U.S. stock market reached a record high as the S&P 500 rose 0.2%.
• The Dow Jones Industrial Average added 10 points, with Entergy boosting investor confidence.
• Conagra Brands dropped 5.5% after lowering profit forecasts due to supply issues.
• Meta Platforms declined 2.8%, ending a 20-day winning streak.
• Analysts predict nearly 17% growth in earnings per share for S&P 500 companies.
• Concerns about inflation persist, with rising Treasury yields affecting stock prices.
• Global fund managers show confidence, holding only 3.5% of portfolios in cash.