The Dow is up over 178 points this afternoon
| 7/29/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow, S&P 500 Surge to Record Levels | By: Jake Scott | The major benchmarks brushed off disappointing economic data -- including worse-than-expected second-quarter gross domestic product (GDP) -- to nab record levels this afternoon. The Dow Jones Industrial Average (DJI) is in the midst of a triple-digit pop, rising over 178 points to a new intraday record high, while the S&P 500 Index (SPX) also locked in record peak of its own. Meanwhile, the Nasdaq Composite (IXIC) is more muted at midday, though remains a chip-shot from record close ahead of Amazon.com 's (AMZN) earnings report. Continue reading for more on today's market, including: - PayPal stock dinged by dismal outlook, revenue miss.
- Record highs for Comcast stock following earnings.
- Plus, bulls blast Zoom stock after upgrade; LendingClub reports surprise Q2 profit; Citrix Systems misses revenue forecasts.
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