US Close 19 Oct 16: Global markets higher as US dollar fall helps lift oil and gold

2016-10-19

US sharemarkets rose on Tuesday in response to generally encouraging earnings results. Shares in Netflix rose 19% after releasing its latest activity data. Shares in Goldman Sachs rose by 2.2%. According to Thomson Reuters I/B/E/S of the 52 S&P 500 companies that have reported results to date for the third quarter, 81% have reported earnings that have beaten consensus forecasts. The Dow Jones index ended higher by 75.5 points or 0.4% with the S&P 500 index up by 0.6% while the Nasdaq lifted 44 points or 0.9%.

US sharemarkets rose on Tuesday in response to generally encouraging earnings results. Shares in Netflix rose 19% after releasing its latest activity data. Shares in Goldman Sachs rose by 2.2%. According to Thomson Reuters I/B/E/S of the 52 S&P 500 companies that have reported results to date for the third quarter, 81% have reported earnings that have beaten consensus forecasts. The Dow Jones index ended higher by 75.5 points or 0.4% with the S&P 500 index up by 0.6% while the Nasdaq lifted 44 points or 0.9%.

China will release Q3 GDP growth out at 10:00 Beijing time (13:00 Sydney time).

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