FlashFeed
๐Ÿ“ˆ
S&P 500 sales growth near 5-year high, driven by energy sector's 42.5% revenue surge
๐Ÿ“ˆ Business

S&P 500 sales growth near 5-year high, driven by energy sector's 42.5% revenue surge

S&P 500 companies recorded their highest quarterly sales growth in nearly five years in the second quarter. The energy sector led the charge with a 42.5% revenue gain year-on-year, far outpacing other industries. Rising commodity prices and strong demand are the main drivers behind the surge.

Comments

No comments yet