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Strong earnings lift Wall Street despite IBM's flop

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks rose on Monday, supported by strong corporate earnings, even as disappointing results from IBM capped gains in the Dow industrials.

The Dow Jones industrial average rose 19.26 points, or 0.12 percent, to 16,399.67, the S&P 500 gained 17.26 points, or 0.91 percent, to 1,904.02 and the Nasdaq Composite added 57.64 points, or 1.35 percent, to 4,316.07.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

 

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First Published: Oct 21 2014 | 1:39 AM IST

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