S&P 500 Reaches Record High Ahead of Earnings Reports
The S&P 500 Index reached a record high this week after rising from a March low of 6,314. Four companies are scheduled to report earnings next week.
![S&P 500 Reaches Record High Ahead of Earnings Reports](https://s.france24.com/media/display/4ab58358-5c77-11ef-947e-005056a97e36/w:1280/p:16x9/m:{"brand":"FRANCE24","lang":"EN","program":"","cartouche":"SPAIN","hash":"417ee15c2c2145b6ed35d70de80df300dbb9351af43de706216208bc4aa1b404","title":"Mediterranean%20Sea%20temperature%20hits%20record%20high%20","id":"5535ce5c-cd7e-11ed-854c-005056bf30b7"}/EN_20240817_101245_101429_CS.jpg)
france24.comThe S&P 500 Index reached a record high this week after climbing from a March low of 6,314. The index advanced despite higher energy prices and bond yields. Officials at the Federal Reserve considered raising interest rates, according to minutes released this week.
Salesforce will report quarterly results on Wednesday. The company is the largest in the customer relationship management sector. Salesforce shares have fallen 51 percent from their 2025 peak. Analysts expect revenue of 11 billion dollars, an increase of 12 percent from the prior quarter.
Growth is partly attributed to recent acquisitions including Informatica and Bluebirds. A Bank of America note this week stated that artificial intelligence tools have altered the company's long-term growth path.
Technology, Costco Wholesale, and Dell Technologies are also scheduled for investor attention next week.
Key Facts
Story Timeline
4 events- March 2026
S&P 500 fell to 6,314.
1 sourceBenzinga - This week
S&P 500 reached a record high.
1 sourceBenzinga - This week
Federal Reserve minutes showed officials considered raising interest rates.
1 sourceBenzinga - Next Wednesday
Salesforce is scheduled to release quarterly earnings.
1 sourceBenzinga
Potential Impact
- 01
Investors will receive new data on Salesforce revenue and AI-related spending.
- 02
Trading volume in CRM, MRVL, COST, and DELL shares may increase around earnings dates.
Transparency Panel
Related Stories
ibtimes.comSEC Chair Paul Atkins Says Congress Will Pass Crypto Legislation
SEC Chair Paul Atkins stated he is confident Congress will pass crypto market structure legislation. He added that President Trump will sign the bill into law.
asiaone.comIran Says Strait of Hormuz Management Belongs to Iran and Oman
Iran's Foreign Ministry spokesperson stated that control of the Strait of Hormuz must be decided solely by Iran and Oman. The spokesperson also said no agreement has been reached with the United States and that current focus remains on ending the war.
cnbc.comFed Official Highlights Regulatory Barriers to AI Productivity Gains
A Federal Reserve official stated that productivity growth remains key to economic expansion and that regulatory hurdles are the main obstacle to sustained gains from artificial intelligence.