Stocks climb worldwide as CEOs prepare latest report cards

WorldNews

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NEW YORK – Wall Street is rising in Monday morning trading as CEOs across the country prepare to tell their investors how much money they made, or lost, in the spring as the coronavirus pandemic pounded the economy. The S&P 500 was 1.1% higher after the first hour of trading, following up on similar gains across Europe and Asia. Treasury yields also climbed, though some hesitance still hung over markets as the price of gold ticked higher. The Dow Jones Industrial Average was up 337 points, or 1.3%, at 26,413, as of 10:30 a.m. Eastern time, and the Nasdaq composite was up 1.5%. PepsiCo added 1.9% after it reported a bigger profit for the latest quarter than analysts expected. But the...

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