Strong company reports push US market to a high
The US market reached a new record overnight. Verizon led gains, up 4% after a strong second-quarter report. The vast majority of US companies reporting so far are beating expectations. Focus remains on Alphabet and Tesla with results out Thursday morning AEST. Alphabet jumped more than 2% overnight in anticipation. While banks dragged down the ASX yesterday, the broader market could make gains today. An 11% gain for Block may have helped limit the ASX 200 dip yesterday. The stock will join the S&P 500 listing this week, which is seen as a huge positive. Investors will focus on Reserve Bank…
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