MENU

Higher profits from Ford, others drive stocks up

October 24, 2013 • Business, National News


Traders work on the floor of the New York Stock Exchange Wednesday, Oct. 9, 2013. World markets were mostly higher Thursday,Oct. 24, 2013 buoyed by an improvement in China’s manufacturing, but Chinese shares fell amid jitters over tighter credit in the world’s second largest economy. (AP Photo/Richard Drew)

NEW YORK (AP) — Another dose of strong corporate earnings, this time from Ford, Southwest Airlines and others, helped push the stock market higher on Thursday.

It’s one of the busiest weeks on Wall Street for companies posting their quarterly results. Roughly a third of the Standard & Poor’s 500 index will report earnings, including some of the world’s best-known companies.

For investors, this week has also been a welcome return to business as usual. Wall Street has been focused for weeks on what’s going on in Washington, with the government shutdown, the near-breach of the nation’s borrowing limit and questions about what’s next for the Federal Login to read more

Related Posts

Comments are closed.

« »