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Barchart
Rich Asplund

MYSTERIOUS: Stocks climb on solid corporate earnings results - You Need To See This

The S&P 500 Index ($SPX) (SPY) today is up +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.32%.  March E-mini S&P futures (ESH25) are up by +0.71%, and March E-mini Nasdaq futures (NQH25) are up by +1.41%. 

Stocks are moving higher today, with the Dow Jones Industrials posting an 8-week high.  Strong earnings and solid forecasts from technology companies support stock gains today. Apple is up more than +1% after forecasting a stronger-than-expected outlook.  Also, Atlassian is up more than +16% after reporting stronger-than-expected Q2 revenue and raising its full-year revenue estimate.  In addition, AbbVie is up by more than +6% after reporting Q4 adjusted EPS above consensus and forecasting stronger-than-expected 2025 adjusted EPS.

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