Wall Street ends higher on earnings beats

by Blog Burger on July 17, 2012

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – Stocks rose on Tuesday after Coca-Cola and Goldman Sachs joined the growing roster of S&P companies that beat profit forecasts and as Federal Reserve Chairman Ben Bernanke left the door open to more stimulus. Based on the latest available data, the Dow Jones industrial average was up 78.11 points, or 0.61 percent, at 12,805.32. The Standard & Poor's 500 Index was up 10.02 points, or 0.74 percent, at 1,363.66. The Nasdaq Composite Index was up 13.10 points, or 0.45 percent, at 2,910.04. (Reporting by Caroline Valetkevitch; Editing by Kenneth Barry)

Business News Headlines – Yahoo! News

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