Wall St. rallies on strong corporate earnings reports

Wall St. rallies on strong corporate earnings reports
 

Wall Street rallied broadly on Tuesday, as a slew of better-than-expected quarterly reports, including those from Netflix and UnitedHealth, buoyed investor sentiment.
All of the 11 major S&P 500 sectors were higher, led by an 1.13 percent rise in the healthcare index .SPXHC.
UnitedHealth (UNH.N) rose 6 percent after the health insurer said it expect the strong growth seen in 2016 to continue into 2017. Other health insurers also gained on the news.
Netflix (NFLX.O) was the top boost and biggest gainer on the S&P 500, rising 17.5 percent to $117.41 after the video streaming website... read more

 
18 October 2016 in World News, Views: 37
Source: Reuters
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