The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi70° Partly Sunny

Tonight

Lo45° Mostly Cloudy

Tuesday

Hi61° Breezy

Tuesday Night

Lo37° Mostly Clear

Wednesday

Hi54° Slight Chc Showers

Wednesday Night

Lo36° Partly Cloudy

Thursday

Hi57° Sunny

Thursday Night

Lo37° Partly Cloudy

Friday

Hi59° Slight Chc Showers

Friday Night

Lo39° Mostly Cloudy

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — The Standard & Poor’s 500 index eked out its second small gain of the week Wednesday as investors pored over the latest earnings reports.

TE Connectivity, an electronics company, was the biggest gainer in the S&P 500 after its earnings beat analysts’ expectations and the company posted a strong earnings outlook for the second quarter. But there were also some high-profile disappointments. IBM fell after the computing company reported lower-than-expected revenue in the period. Companies are still increasing their earnings and are forecast to log record quarterly profits for the period, but much of the improvement in recent years has come from cutting costs.

View my options or Sign in