2 Stocks Making Different Post-Earnings Moves

The Dow is up over 178 points this afternoon

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Schaeffer's Midday Market Check
7/29/2021
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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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