Wall Street rises on earnings optimism, lira rebound
Wall Street rises on earnings optimism, lira rebound
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 rose 112.22 points, or 0.45 percent, to 25,299.92, the S&P 500 gained 18.03 points, or 0.64 percent, to 2,839.96 and the Nasdaq Composite added 51.19 points, or 0.65 percent, to 7,870.89.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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