Stocks Extend Gains as Earnings Beat Expectations
• Markets continue to rally, with major indices up double digits year-to-date
• Dow gained +158 points today; S&P up +0.26%; Nasdaq up +0.19%
• Costco beat Q1 earnings and revenue estimates; shares up +1% after hours
• Lennar also exceeded Q4 earnings and sales expectations
• Lennar reported strong growth in starts (+43%) and new orders (+32%)