U.S. stocks rose, pushing the Standard & Poor’s 500 Index near a record, after better-than- estimated earnings from Apple Inc. and Caterpillar Inc. The yen climbed, while Russian equities slid a fourth day as the conflict in Ukraine escalated.
Dan Veru, chief investment officer at Palisade Capital Management, says the Standard & Poor's 500 Index will hit its 2012 peak this month and will continue rallying until the November presidential election. Veru talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its worst slump since June, as earnings at companies from Pfizer Inc. to D.R. Horton Inc. topped estimates and consumer confidence increased ahead of a Federal Reserve policy meeting.
U.S. stocks rose, as technology shares rallied a second day, while Treasuries fluctuated and the dollar sank after Federal Reserve meeting minutes eased concern about the timing of future interest rate hikes.