Dow Jumps Over 700 Points; Pfizer Posts Upbeat Q2 Earnings
Dow rises 1.35% with technology sector leading market gains. Pfizer beats Q2 earnings expectations. Oil down 4.2%, gold up 0.8%, European markets higher.
Pfizer did better than people expected with its earnings, and the whole stock market went up today—especially tech companies. When a big company beats expectations, it can show investors feel more confident about businesses making money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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