While you were sleeping: Bulls still in charge

Mon, 04 May 2015

By Margreet Dietz May 5 (BusinessDesk) - Wall Street moved higher amid further evidence that US corporate earnings are in better shape than feared. Shares of Berkshire Hathaway rose, last up 2 percent, after the company reported better-than-expected earnings after the market closed on Friday. Shares of Comcast also gained, last up 0.8 percent, after it posted earnings that surpassed expectations. Despite a weakening in the pace of US economic growth, corporate earnings have not been as dire as some had anticipated. Of the S&P 500 memb...

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