Markets around the world have been tearing higher in recent weeks, due in part to excitement

RisingWorld 2017-05-09

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Markets around the world have been tearing higher in recent weeks, due in part to excitement
about the French election and strong earnings reports from U. S. companies.
That helped calm markets enough that an index used to measure the market’s fear level dropped to its lowest level since 1993.
NEW YORK — A turn higher in the last few minutes of trading was enough to nudge U.
S. indexes to more record highs Monday as fear seemed to drain out of the market.
Confidence has grown enough that the VIX volatility index on Monday sank to its lowest level since 1993.
Newell Brands jumped to the largest gain in the S&P 500 Monday after reporting stronger revenue
and profit for its latest quarter than analysts expected.
Phil Orlando said that Corporate earnings have been phenomenal, the best quarter in five years,

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