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Dow opens 600 points higher as stocks rise for second day on strong corporate earnings

dow-opens-600-points-higher-as-stocks-rise-for-second-day-on-strong-corporate-earnings

U.S. stocks rose sharply at the open on Tuesday, looking to add to their gains from Monday’s session, which saw the Nasdaq Composite log its biggest percentage-point gain since July. Investors attributed the strong appetite for risk to more strong corporate earnings reports. The S&P 500 SPX advanced 81 points, or 2.2%, to 3,759. The Nasdaq COMP gained 288 points, or 2.7%, to 10,963. The Dow Jones Industrial Average DJIA climbed 619 points, or 2.1%, to 30,804. Shares of Dow components Johnson & Johnson JNJ, -0.23% and Goldman Sachs Group GS, +4.36% both rallied after reporting third-quarter earnings.

Source: Marketwatch

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