Stocks climb on Wall Street as more company earnings roll in | www.WDIO.com

Stocks climb on Wall Street as more company earnings roll in

Stocks climb on Wall Street as more company earnings roll in Photo: WDIO File

ALEX VEIGA AP Business Writer
Created: July 21, 2021 04:54 PM

Stocks closed higher again on Wall Street, extending their gains following a sharp drop at the beginning of the week. Investors turned their attention to company earnings, which have started to roll in steadily.

The S&P 500 rose 0.8%. Small-company stocks outpaced the rest of the market again, rising 1.8%. Coca-Cola rose 1.3% after the company raised its full-year forecast and reported better-than-expected results.

Chipotle Mexican Grill jumped 11.5% after the company also reported much better than expected results after the closing bell Tuesday.

The yield on the 10-year Treasury rose to 1.29%, but it's still below where it was last week. 

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ALEX VEIGA AP Business Writer

Copyright 2021 The Associated Press. All rights reserved.

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