By Sruthi Shankar
(Reuters) - Wall Street indexes rose on Tuesday as strong earnings from Netflix, Goldman Sachs and healthcare companies boosted optimism over what is expected to be the strongest earnings season in seven years.
Netflix shares surged 6.2 percent after the video-streaming pioneer smashed analysts' quarterly subscriber estimates, helped by a blitz of original content.
Goldman Sachs rose 0.6 percent after the investment bank's quarterly profit blew past Wall Street's expectations, powered by a surge in trading revenue and higher fees from debt and equity underwriting.
"As you go forward, financials seem to be one of the logical places to be invested in, especially in a rising interest rate environment. It's the matter of markets finally having attention drawn away from the political (news)."
Nine of the 11 major S&P sectors were higher, led by a 1.3 percent gain in the consumer discretionary index.
J&J fell 0.4 percent, reversing course from premarket after the company reported a better-than-expected profit and raised its full-year sales forecast.
The earnings season has helped take away some focus from geopolitical and trade concerns, which have roiled the markets in recent months.
A U.S.-led attack on Syria over the weekend has so far not prompted any military retaliation from Russia, easing fears over the conflict escalating.
Advancing issues outnumbered decliners on the NYSE for a 2.46-to-1 ratio and on the Nasdaq, for a 2.25-to-1 ratio.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)