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Wall Street rises on earnings optimism, lira rebound

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Reuters

(Reuters) - Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears.

The S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks with broadbased gains across industry groups.

The Dow Jones Industrial Average <.DJI> rose 112.22 points, or 0.45 percent, to 25,299.92, the S&P 500 <.SPX> gained 18.03 points, or 0.64 percent, to 2,839.96 and the Nasdaq Composite <.IXIC> added 51.19 points, or 0.65 percent, to 7,870.89.

(Reporting by Stephen Culp; Editing by Susan Thomas)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 15 2018 | 1:42 AM IST

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