Berkshire Hathaway Operating Profit up 67% - Adviser Investments

Berkshire Hathaway Operating Profit up 67%

Todd Peters, senior vice president at Adviser Investments, has the market analysis for Monday, August 6. All of the major U.S. stock indexes advanced today: The Dow Jones Industrial Average, S&P 500 and NASDAQ gained 0.1%, 0.4% and 0.6%, respectively. There were no scheduled economic reports, so investors remained focused on continuing trade tensions with China and quarterly earnings announcements. Warren Buffett’s Berkshire Hathaway climbed nearly 2.5% after reporting year-over-year gains of 67% for operating profit and 9% for revenue.

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