Stocks climb on Wall Street as company earnings roll in
NEW YORK (AP) — Stocks are off to a strong start on Wall Street as the market finds its bearings following a bumpy ride a day earlier.
The S&P 500 was up 0.2% in the early going Tuesday. Companies that would benefit the most from an improving economy had some of the bigger gains, including industrial and energy stocks.
General Electric jumped after reporting a strong quarter, as did defense contractor Raytheon as well as health care giant Johnson & Johnson.
Smaller companies rose twice as much as the rest of the market, another sign that investors are feeling optimistic about the economy. Treasury yields rose.
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