Wall Street closes higher on mixed PPI data and strong bank earnings

EarningsMacro
โดย Zacks Investment Research·Read original
Summary · why it matters

Wall Street closed higher on Wednesday as investors assessed mixed producer price data and solid second-quarter earnings reports. The Dow Jones Industrial Average rose 0.3% to 52,659.18, the Nasdaq Composite advanced 0.6% to 26,269.23, and the S&P 500 gained 0.4% to 7,572.42. Morgan Stanley, BlackRock, and PNC Financial all reported quarterly earnings that beat Zacks Consensus Estimates, with BlackRock shares jumping 6.6%. The producer price index fell 0.3% in June, slightly more than the expected 0.2% decline, while the core PPI rose 0.2%, below the 0.3% estimate.

Impact on stocks 3

Financials▲ · 2 stocks
Morgan Stanley
MS
▲ PositiveCapitalrelevance

Morgan Stanley reported quarterly earnings that beat Zacks Consensus Estimates.

Digital Finance & Tokenization▲ · 1 stocks
BlackRock Inc
BLK
▲ PositiveCapitalrelevance

BlackRock reported Q2 earnings that beat Zacks Consensus Estimates, driving shares up 6.6%.

© 2026 MarketDXNews