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Wall Street - Strong earnings lift investor spirits after Trump slump


By Yashaswini SwamynathanREUTERS - U.S. stocks rallied on Friday as a set of strong corporate earnings lifted investor spirits in a week dominated by uncertainty surrounding Donald Trump's presidency.However, Wall Street's major indexes were on track for their worst weekly declines since mid-April following reports that Trump had tried to interfere in a federal investigation. Investors were concerned that the uncertainty in Washington could hinder Trump's promise of fiscal stimulus, a bet on which Wall Street has rallied to record highs. Strong quarterly earnings from companies, including ...

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First Published: Fri, May 19 2017. 22:33 IST