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Stocks Rise on Solid Earnings: Merck, Sprint’s Positive Surprise

August 13, 2023
in Trade Tube
Reading Time: 1 min read
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Markets closed higher after a solid day for earning from companies such as Sprint and Merck while geopolitical tensions eased when Russia pledged not to invade Ukraine after being slapped with several sanctions. The Federal Reserve’s two-day meeting kicked off with a further $10 billion cut to asset purchases expected tomorrow. eBay and Twitter are set to report after the closing bell, and will set the tone for markets on Wednesday. TheStreet’s Jane Searle reports from the NYSE.

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