Business Standard

Wall Street ends higher on earnings optimism

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks rose for the fourth session in a row on Tuesday as investors bet that companies will be able to surpass the low bar that has been set for earnings season, leaving room for better-than-expected results that could fuel the rally further.

The Dow Jones industrial average was up 75.88 points, or 0.50 percent, to end unofficially at 15,300.57. The Standard & Poor's 500 Index was up 11.86 points, or 0.72 percent, to close unofficially at 1,652.32. The Nasdaq Composite Index was up 19.43 points, or 0.56 percent, to close unofficially at 3,504.26.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 10 2013 | 1:33 AM IST

Explore News