Markets Remain Bullish After S&P 500 Rises For Fifth Consecutive Month
Portfolio Pulse from Lisa Levin
US stocks closed higher on Monday, with the S&P 500 gaining 3.1% to record its fifth straight positive month, and the Dow Jones rising about 3.4%. ON Semiconductor Corporation shares gained 2.5% after reporting upbeat Q2 results and Q3 guidance. Investors are awaiting earnings results from Pfizer Inc., Advanced Micro Devices, Inc., and Caterpillar Inc.
August 01, 2023 | 6:42 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Advanced Micro Devices, Inc.
The upcoming earnings results could potentially impact AMD's stock price, but the direction of the impact is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Caterpillar Inc.
The upcoming earnings results could potentially impact Caterpillar's stock price, but the direction of the impact is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Pfizer Inc.
The upcoming earnings results could potentially impact Pfizer's stock price, but the direction of the impact is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
ON Semiconductor shares gained 2.5% after the company reported positive Q2 results and Q3 guidance.
The company's positive Q2 results and Q3 guidance have likely contributed to the increase in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100