Dow finishes up over 300 points as strong corporate earnings lift stocks

0
19

U.S. stocks ended higher Tuesday, booking back-to-back gains, as investors digested earnings results from companies including Goldman Sachs Group Inc. The Dow Jones Industrial Average DJIA, +1.12% closed 1.1% higher, while the S&P 500 SPX, +1.14% gained around 1.2% and the Nasdaq Composite rose 0.9%, according to preliminary data from FactSet. Goldman GS, +2.33% was among the Dow’s best performers with a gain of more than 2%, FactSet data show. Shares of the Wall Street bank rallied after topping its third-quarter earnings target and confirming a reorganization plan.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleOil futures settle sharply lower on reports that the U.S. may release more oil from the SPR
Next article: Former CEO of NewAge, a drink company that shot to pot-stock fame, accused by SEC of ‘multi-year fraud’

LEAVE A REPLY

Please enter your comment!
Please enter your name here