“We’ve got the biggest capital spending boom since the financial crisis. That’s leading to record corporate profitability; we are in this virtuous circle where it’s generating profitability for other suppliers, other companies too.”

US stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S&P 500 and Dow rose, while Nvidia and…

Volatility picked up this week as investors wrestled with a sharp rise in long-term Treasury yields.