Major stock indices on track for a record close. NASDAQ trades to intraday new high. ...Middle East

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The S&P index high close was reached on July 31 at 6408.05. It is currently trading up 49.47 points or 0.78% at 6422.93.

Airlines are also doing quite well today after Delta reported better than expected earnings.

EPS came in at $2.10 per share adjusted to beat forecasts for $2.06 per share.Revenue increased less than 1% to $15.5 billion, narrowly topping views for $15.46 billion.

Other airlines are also sharply higher with American Airlines up 9.72%, United Airlines up 8.87%, and Southwest Airlines up 4.3%.

Since it low earlier this month and its better than expected earnings, the price has surged 14.10%. The high price today extended to the highest level since March 10. For the year, Apple shares are still down -8.35%. It closed 2024 at $250.42 just short of its all-time high of $260.10.

This article was written by Greg Michalowski at investinglive.com.

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