Wall St. rises on earnings optimism, lira rebound
Reuters
Published Aug 14, 2018 04:09PM ET
Wall St. rises on earnings optimism, lira rebound
(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.
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Written By: Reuters
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