Main US indexes closed in the green on Tuesday, with the Dow Jones and the S&P 500 one percent shy off reaching all-time highs as investors welcomed a batch of better-than-expected earnings reports which eased concerns that persistent Covid cases and rising costs would hamper the recovery. Johnson & Johnson and Procter & Gamble beat earnings expectations while Netflix posted solid beats on earnings and new subscribers after the closing bell. So far, 82% of the S&P 500 companies that have reported earnings surprised markets on the upside, according to FactSet.
Historically, the United States Stock Market Index (US30) reached an all time high of 35631.19 in August of 2021. United States Stock Market Index (US30) - data, forecasts, historical chart - was last updated on October of 2021.
The United States Stock Market Index (US30) is expected to trade at 34559.79 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 32387.88 in 12 months time.