Will These 3 Dow Stocks Spur New Market Records Wednesday?
The stock market has climbed to all-time highs, and earnings season has played a key role in driving optimism among investors. On Wednesday morning, the market looked poised for a pause, but that has often served in the past as a prelude to further advances. As of 9 a.m. EDT, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 26 points to 35,670. S&P 500 (SNPINDEX: ^GSPC) futures were unchanged at 4,565, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures were down a single point to 15,544.
Some big names in the Dow announced their latest earnings results this morning, and each has something to say about its respective sector. Below, we'll look at what Boeing (NYSE: BA), Coca-Cola (NYSE: KO), and McDonald's (NYSE: MCD) announced and how investors are reacting to the news.
Shares of Boeing were higher by more than 1% in premarket trading Wednesday. The move came despite ongoing problems that the aerospace manufacturing giant faces in a difficult industry environment.
Source Fool.com