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Wall Street ends up amid earnings optimism

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Reuters NEW YORK
Last Updated : Aug 07 2018 | 1:45 AM IST

NEW YORK (Reuters) - U.S. stocks closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook lifting the tech-heavy Nasdaq index after a report it was planning new services.

Based on the latest available data, the Dow Jones Industrial Average rose 40.35 points, or 0.16 percent, to 25,502.93, the S&P 500 gained 10.1 points, or 0.36 percent, to 2,850.45 and the Nasdaq Composite added 47.66 points, or 0.61 percent, to 7,859.68.

(Reporting by Caroline Valetkevitch; editing by Jonathan Oatis)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Aug 07 2018 | 1:40 AM IST

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