Morning Report 24 April 2019: US stocks advance into record territory on better earnings

 

US sharemarkets rose on Tuesday with the S&P 500 and
Nasdaq at record highs. There were broad-based gains as
bellwether companies generally posted encouraging earnings
results for the past quarter. In response to quarterly results share in
Twitter rose 15.6%, United Technologies rose 2.3%, Lockheed
Martin rose 5.7% and Coca Cola rose 1.7%. But shares in Procter
& Gamble fell by 2.7% after reporting a decline in its third-quarter
operating margin. The Dow Jones gained 145 points or 0.6%. The
S&P500 index lifted by 0.9%. And the Nasdaq index rose by almost
106 points or 1.3%.

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