economy
Wednesday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session
Solid earnings and falling oil prices lifted the S&P 500 and the Dow to new records Tuesday. Tune in to CNBC Wednesday for JPMorgan Chase CEO Jamie Dimon.
TL;DR
- S&P 500, Dow Industrials, and NYSE Composite reached new highs.
- SpaceX stock dropped after reporting higher revenue but a net loss; Elon Musk discussed Starlink's internet potential and AI data centers.
- Upcoming earnings reports include Eli Lilly and Walt Disney.
- Block stock hit a new high, and AMD stock is up significantly year-to-date.
- The ADP jobs report will be released, with analysts estimating 75,000 private payroll jobs.