Oppenheimer: Strong corporate earnings drive S&P 500 and Nasdaq to record highs amid Middle East tensions
By
Sinchita Mitra
Toasted to a respectable shade. No regrets, no crumbs left.
Summary
Oppenheimer Chief Investment Strategist John Stoltzfus notes that the S&P 500 and Nasdaq Composite reached record highs last week, driven by strong corporate earnings that continue to support U.S. equities despite escalating tensions in the Middle East.
Key quotes
· 1 pulledEarnings strength continues driving stocks higher, Oppenheimer says
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