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Dow, S&P 500 extend recent gains; PepsiCo a boost

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - The Dow and S&P 500 rose on Tuesday, extending recent gains as strong results from PepsiCo boosted optimism about the earnings season, while the Nasdaq was flatPepsiCo's shares surged 4 percent and were poised for their biggest one-day jump in nearly seven years after the company's quarterly results topped estimates on strong sales of snacks.The company also reaffirmed its full-year forecast amid signs of a gradual recovery in its soda business.The S&P consumer staples index was up 1 percent, driven by the gain in PepsiCo. Coca-Cola was up 1 ...

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First Published: Wed, July 11 2018. 01:30 IST
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