The Dow Climbs?What’s Next?
The last two weeks have seen a steady rally for the stock market, which closed above 9,000 on Friday. This week it’ll be tested by the biggest batch of second quarter corporate profit reports yet, including those from Exxon Mobil, Chevron, and Visa. The Takeaway talks to Peter Morici, an economist and Business Professor at the University of Maryland, to figure out how the market fares in the face of those earnings reports.
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