Meteoric Dow Races Toward Record as Earnings Crush Brutal Forecasts

2019-4-24 22:02

By CCN: The Dow and broader U. S. stock market surged on Tuesday, as investors rallied behind stronger than expected earnings results from the likes of United Technologies Corp (UTX) and Twitter (TWTR).

Dow Pounds Toward Record Levels All of Wall Street’s major indexes reported big gains. The Dow Jones Industrial Average surged triple digits, mirroring a strong pre-market for U. S. stock futures. After jumping 184 points, the blue-chip index pared gains to settle up 145. 34 points, or 0. 6%, at 26,656. 39. The broad S&P 500 Index posted a new record high, gaining 0. 9% to 2,933. 68. Ten of 11 primary sectors contributed

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