Market

Wall Street Rallies as Earnings Season Heats Up: AT&T, GE Vernova, and Boeing Lead the Charge

Market Optimism Fuels Gains

Investors cheered as major US stock markets closed higher on Wednesday, buoyed by positive earnings reports from corporate giants and optimistic trade deal whispers from the White House.

Earnings Reports Take Center Stage

Companies like AT&T Inc., GE Vernova Inc., Philip Morris International Inc., and The Boeing Company shared their financial successes, painting a hopeful picture for the economy. All eyes are now on International Business Machines Corporation (IBM), set to reveal its results post-market.

Indexes on the Rise

The Dow Jones Industrial Average soared by 1.07%, the Nasdaq 100 jumped 2.28%, and the S&P 500 wasn't far behind with a 1.66% increase. Meanwhile, the euro dipped slightly against the dollar, trading at $1.13277 by late afternoon.

More updates to follow as the financial world keeps turning...