The stock market put in another impressive performance today, adding to yesterday’s gains. At the close of trading, the Dow Jones Industrial Average was ahead about 232 points; the S&P 500 was up 14 points; and the NASDAQ was higher by 42 points. The buyers were out in force today, as advancers easily outpaced decliners on the NYSE.
The Coca-Cola Company (KO) continues to deliver lackluster results. With the release of March-quarter numbers, the beverage giant has now reported eight consecutive quarters of negative earnings comparisons. In this case, share net declined 4%, to $0.43, coming in a penny below our estimate
Caterpillar (CAT) reported good first-quarter results, while boosting its full-year 2017 outlook.