Wall St. rises on earnings optimism, lira rebound
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid
(Reuters) - Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears.
The S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks with broadbased gains across industry groups.
The Dow Jones Industrial Average <.DJI> rose 112.22 points, or 0.45 percent, to 25,299.92, the S&P 500 <.SPX> gained 18.03 points, or 0.64 percent, to 2,839.96 and the Nasdaq Composite <.IXIC> added 51.19 points, or 0.65 percent, to 7,870.89.
(Reporting by Stephen Culp; Editing by Susan Thomas)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Morgan Stanley upgrades CDW on stronger AI-driven server demand
- Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
Create E-mail Alert Related Categories
ETFs, General News, Market Check, ReutersRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share