Daily Archives: Tuesday, July 22, 2014

U.S. stocks rose Tuesday, getting a lift from two economic reports

1067, 22, 07, 2014

S&P 500

U.S. stocks rose Tuesday, getting a lift from two economic reports and upbeat corporate earnings. The Dow Jones Industrial Average added 65 points, or 0.4%, to 17117. The S&P 500 index gained 10 points, or 0.5%, to 1983. The index hit a new intraday record of 1986.27 earlier in the session. The Nasdaq Composite Index rose 29 points, or 0.7%, to 4453. Stock trading has been choppy in recent days as investors evaluate corporate earnings reports to gauge whether the market can continue pushing to new highs. The Dow topped 17000 for the first time earlier this month and the S&P 500 is hovering within striking distance of the 2000 level, with gains fueled by improving economic data and low interest rates. Eighty three of the 116 companies in the S&P 500 that have reported Continue reading