Stocks Rise Amid Earnings, Dollar Advances on Economy Optimism

Updated on
  • Dollar index trades near seven-week high as rate outlook rises
  • Technology companies, carmakers lead gains in Europe, U.S.

Derrick: Downward Pressure Mounting on the Euro

Positive earnings set the tone for equity markets, pushing U.S. stocks to fresh records, while the dollar traded at a seven-week high as speculation grew the U.S. will raise interest rates this year. Turkey’s lira fell to a record.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.