The S&P 500 communication services sector index, which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&P sectors. Other major growth names, including Amazon.com, Apple Inc, and Microsoft Corp, also climbed between 0.2% and 0.8%. American Express Co jumped 3.3% and was the top boost to the S&P 500 financials sector after its second-quarter profit blew past expectations. The second-quarter earnings season barreled ahead, with 120 companies in the S&P 500 having reported numbers so far. The S&P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.

Source: Mint July 23, 2021 14:37 UTC