Stocks Climb to Record With Earnings, Fed in Focus: Markets Wrap

Tesla extends gains in postmarket trading after earnings beat
U.S. real yield touches record low ahead of Fed meeting

WATCH: RBC’s Lori Calvasina sees peak upward revisions as she examines the market impact of earnings.Source: Bloomberg

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By Richard Richtmyer and Kamaron Leach

July 25, 2021 at 10:08 PM UTC

Updated on

July 26, 2021 at 8:11 PM UTC

This article is for subscribers only.

U.S. equities extended their run to all-time highs on Monday, with with megacap technology companies leading the way higher as investors weighed the outlook for growth at the start of a busy week of earnings and policy updates.

Tesla Inc. was among those providing the biggest boost to the S&P 500, rising for the first time in four sessions and then extending gains in postmarket trading after second-quarter results beat analysts’ estimates. Gains in other heavyweights set to report earnings later this week including Apple Inc., Amazon.com Inc., Alphabet Inc. and Facebook Inc. also propelled the benchmark index.