Tuesday 29 January 2013

INQUIRER.net: US stocks mostly climb on robust earnings

INQUIRER.net
Philippine News for Filipinos
US stocks mostly climb on robust earnings
Jan 29th 2013, 23:07

NEW YORK—US stocks scored mostly solid gains Tuesday after a batch of better-than-expected company earnings, but Yahoo! and cloud computing group VMware weighed on the Nasdaq.   In closing trade, the Dow Jones Industrial Average was up 73.03 points (0.53 percent) at 13,954.96.   The S&P 500, a broad measure of the markets, advanced 7.72 points (0.51 percent) to 1,507.90.   The tech-rich Nasdaq Composite Index edged down a mere 0.64 point (0.02 percent) to 3,153.66.   Investors shrugged off a weaker-than-expected reading in consumer confidence for focus on positive corporate profit tallies, Charles Schwab & Co. said in a market not...

Keep on reading: US stocks mostly climb on robust earnings

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