Yesterday, in a rerunning of its markets-model forecast, it eased up on some of its U.S. optimism, pointing to stretched valuations in U.S. equities. Notably, U.S. growth stocks are now seen growing at a rate barely beating inflation expectations.

US stock market continued its winning streak as the S&P 500 and Nasdaq Composite reached new record highs, driven by strong corporate earnings, booming tech stocks, and growing hopes of a Federal Reserve rate cut.

Friday marked another winning day for the S&P 500 and Nasdaq, as both indexes posted fresh all-time intraday and closing highs.

Wall Street's reliance on a small number of high market-value stocks to keep momentum going for the U.S. equities bull market will be tested in coming days as major technology and growth companies report earnings.

Boeing is on track now to move past some of the company's recent production issues. Click here to find out why I initiate BA stock with a buy rating.

The good: In its first earnings report since completing its acquisition of Discover Financial Services, Capital One ( COF) reported higher interest income and fees. Really, the only drag was the higher-than-expected integration costs for the business. COF stock rose 2.7% in after-hours trading Tuesday and is 2.7% higher premarket Wednesday.

Current consensus predictions for Google's forthcoming earnings report anticipate $2.18 per share on revenues of $93.73 billion. This suggests growth in comparison to the same quarter last year, which reported earnings of $1.89 per share with revenues of $84.74 billion.

Earnings Report Date: Thursday, Nov. 21, after market close Of all the earnings reports next week, fiscal Q3 results from big-data play Splunk (NASDAQ: SPLK ) might be the most important without ...

Futures for the Dow Jones Industrial Average and other major stock indexes traded higher Friday, as investors welcomed an upside surprise in economic data. Meanwhile, IntelINTC plunged on the stock market today after reporting second-quarter earnings.