Stocks climbed as a slew of solid corporate profits took the focus off concerns about the economic impact of coronavirus flareups around the globe. The dollar fell, while Bitcoin surged.
After a bruising selloff driven by worries over a peak in earnings and a slowdown in growth momentum, the S&P 500 marched toward its biggest back-to-back rally in two months. Once again, the advance was led by companies that stand to benefit the most from a reopening of the economy, such as commodity, financial and industrial shares. A gauge of small caps gained almost 2%.
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July 21, 2021 at 05:10AM
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Stock Market Today: Dow, S&P Live Updates for Jul. 21, 2021 - Bloomberg
"stock" - Google News
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