S&P 500, Nasdaq poised to close at record highs

Stocks (^DJI, ^GSPC, ^IXIC) jump as big profit beats have Wall Street in a giddy mood. Plus, big after-hours earnings reports are coming with Chipotle and AT&T. We’ll have those for you. And, it’s Bezos versus Trump. Should Amazon and its shareholders be worried? Plus, troubled bookseller Barnes & Noble is in the spotlight. Will it be the latest company to put itself up for sale? Catch The Final Round at 4 p.m. ET with Justine Underhill and Yahoo Finance markets correspondent Myles Udland.

Winners and losers

Stocks in the red today include Domino’s Pizza as international sales disappointed; Seagate as earnings badly missed Wall Street expectations; and Alphabet, with shares slipping as Google’s parent company reported cost-per-click ads were down 26% from a year ago.

Stocks in the green today include Caterpillar as the heavy equipment maker raised its full-year guidance on strengthening demand; McDonald’s, as sales of premium burgers and $1 sodas resulted in a 3.9% same-store sales increase; and Barnes & Noble, with shares of the bookseller ripping higher as activist investor Sandell Asset Management is pushing the company to sell itself.

Barnes & Noble on the block?

Barnes & Noble stock has been struggling over the past few years as activists now jostle for a change. Dan Roberts has more on what’s next for the bookseller.

 

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