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Wall St. inches higher as healthcare, bank stocks gain

Reuters 

By Sruthi Shankar(Reuters) - Wall Street's major indexes inched higher on Tuesday as financial, healthcare and industrial stocks extended the new year rally powered by expectations of strong quarterly earnings.Stocks continued their winning streak in 2018 as investors remained hopeful about global economic growth and tax-cut led gains for corporate earnings in a low interest rate environment."So long as inflation remains at around these levels, it will certainly support the multiples that we have," said Tim Dreiling, regional investment director for The Private Client Reserve of U.S. ...

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First Published: Tue, January 09 2018. 23:58 IST
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