Wall St. rallies as strong earnings reports boost optimism

Wall St. rallies as strong earnings reports boost optimism
 

The S&P and the Nasdaq were on track for their best day this month on Tuesday as a slew of market-beating results from marquee companies boosted optimism about Corporate America's health.
The spotlight was on the healthcare sector .SPXHC, which rose 1.04 percent, the most in more than one month, after UnitedHealth's (UNH.N) upbeat forecast. UnitedHealth rose 6.3 percent and boosted its fellow health insurers.
Netflix (NFLX.O), which dragged on the market on Monday ahead of its results, was the biggest gainer on the S&P 500 on Tuesday, rising nearly 19 percent after posting much... read more

 
18 October 2016 in World News, Views: 42
Source: Reuters
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