Tuesday, October 2, 2012

Stocks See More Gains As Dow Has Second Best Day of 2012

Stocks extended Tuesday’s winning streak into today, with the Dow Jones Industrial Averagenotching a 181-point gain, its second best day of the year.

The Dow and the S&P 500both closed up 1.4% while the Nasdaqrose 1.3%.

Investors were bullish ahead of Google’s (GOOG) report after hours, in which it missed on the top line but delivered an earnings beat.

JPMorgan (JPM), which along with Wells Fargo (WFC) kicks off earnings season for financials tomorrow, was also rising, with some help from an analyst upgrade. The Street also seemed pleased with Goldman Sachs’ (GS)�$22 million settlementwith the SEC.

No comments:

Post a Comment