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Wall Street higher on earnings optimism, Syria worries ebb

Reuters 

By Sruthi Shankar(Reuters) - Wall Street benchmarks bounced higher on Thursday, driven by gains in technology, financial and industrials stocks as investors hoped that lower U.S. taxes could boost first quarter corporate profits.Boeing's 1.8 percent gain was the biggest boost to the Dow, while Microsoft's 1.7 percent gain and JPMorgan's 2.3 percent jump helped lift the S&P 500.The earnings season began with BlackRock Inc, the world's largest asset manager, reporting quarterly profit above Wall Street estimates. Its shares rose 2.3 percent.Big banks JPMorgan, Citigroup and Wells Fargo will ...

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First Published: Thu, April 12 2018. 21:35 IST
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