It was another successful day for US shares, as good earnings reports fueled the recent advance. The S&P 500 rose 0.2%, while the Dow rose for the eight time in a row. 5 S&P 500 Stocks That Posted Gains Northern Trust Corporation Northern Trust Corporation (NTRS) stock rose 13% as the financial services firm announced …
It was another successful day for US shares, as good earnings reports fueled the recent advance. The S&P 500 rose 0.2%, while the Dow rose for the eight time in a row.
5 S&P 500 Stocks That Posted Gains
Northern Trust Corporation
Northern Trust Corporation (NTRS) stock rose 13% as the financial services firm announced excellent net interest income growth due to rising interest rates.
AT&T
AT&T (T) stock rose 8.5% after concerns about lead contamination in its cables subsided. This week, shares fell to their lowest level in three decades as a result of these concerns.
Constellation Brands
Constellation Brands (STZ) shares increased 5% after the alcoholic beverage maker reached an agreement with activist investor Elliott Investment and appointed two new independent board members.
Elevance Health
Elevance Health (ELV) stock rose 4% after the health insurance provider exceeded earnings and sales forecasts and raised its full-year projection, owing to greater medical insurance premiums and lower payouts than projected.
Cisco Systems
Cisco Systems (CSCO) gained 2% following a JPMorgan upgrade indicating that orders are nearing a trough and may be on the upswing.
5 S&P 500 Stocks That Posted Losses
Omnicom Group
Omnicom Group (OMC) shares fell 10% after the global marketing group failed quarterly sales targets and organic growth slowed.
Halliburton
Halliburton (HAL) shares fell almost 3% after the oilfield services firm warned of a slowdown in shale drilling in the United States this year.
Tapestry
Tapestry (TPR) shares fell 2% after OTR Global downgraded the company to “mixed” from “positive.”
Interpublic Group of Companies
Interpublic Group of Companies (IPG) shares fell 8% after the ad agency restructured its Kinesso data and technology arm.
Microsoft
Microsoft (MSFT) shares fell 1% after the software giant announced that it would give away some advanced cybersecurity tools in response to criticism from US regulators that the business was charging for the protection.
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