Gold Surges 3%; Bristol-Myers Squibb Earnings Top Views
benzinga_article·- U.S. stocks traded higher on Thursday, led by gains in the Dow Jones, NASDAQ, and S&P 500 indexes alongside positive corporate earnings reports. - Bristol-Myers Squibb posted second-quarter adjusted earnings of $2.04 per share on sales of $12.973 billion and raised its FY2026 guidance. - Economic data showed U.S. personal income rose 0.2% in June, while the economy grew at an annualized rate of 1.5% in the second quarter.Lam Research, Xerox, FormFactor, Microsoft And Other Big Stocks Moving Higher On Thursday
benzinga_article·- U.S. stocks advanced on Thursday, with major indices recording notable gains led by various large corporations. - Lam Research, Xerox, Microsoft, and several other companies saw significant stock price increases following better-than-expected quarterly financial results and optimistic guidance. - Additional corporate catalysts included strategic acquisitions, analyst upgrades, and approved share buyback programs driving upward momentum across the market.