U.S. Stocks Rise Despite Record Low Consumer Sentiment
The U.S. stock market continued its upward trend, with the S&P 500 and Dow Jones Industrial Average posting gains as companies like Ross Stores, Estee Lauder, Workday, and Zoom exceeded earnings expectations. This occurred despite a University of Michigan survey showing consumer sentiment at an all-time low due to high inflation.
Topics: consumer sentiment Dow Jones Industrial Average earnings reports Nasdaq Composite S&P 500