After struggling for years using a slow global economy and weak oil prices, large U.S. businesses are in the midst of reporting their very best quarter of profit growth lately, analysts say. Firms in the S&P 500 are on track to report development of approximately 10 percent according Global Market Intelligence. […] that it wasn’t the only large industrial company to cite signals of optimism among customers. 3M said earnings improved around the Earth in its markets, while reporting earnings that were stronger than expected. […] reassuring discuss the economy’s strength raises hopes that earnings and profits can keep rising for companies, which could rein in concerns about stocks becoming costly. Markets added to large gains produced on after results from the first round of France’s presidential election increased expectations that the euro money and the European Union will remain intact when markets soared. President Donald Trump is expected to unveil details about his tax plan on Wednesday.
Profits surge, stock prices