Global stocks rise on corporate results, rising commodities

Global stocks rise on corporate results, rising commodities
 

A gauge of global equity markets climbed to a one-week high on Tuesday, lifted by rising commodity prices and a strong bounce in Europe, while solid corporate earnings helped drive share prices higher.
Wall Street rose after a raft of stronger-than-expected results from UnitedHealth Group Inc (UNH.N), Netflix Inc (NFLX.O) and Goldman Sachs Group Inc (GS.N), among others.
UnitedHealth gained 7.05 percent, Netflix soared 19.95 percent and Goldman Sachs rose 2.3 percent.
S&P 500 earnings are now expected have increased slightly in the third quarter, reversing forecasts for another quarter... read more

 
18 October 2016 in World News, Views: 44
Source: Reuters
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