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Wall Street approaches record high on earnings optimism

Stock MarketsJul 23, 2019 04:27PM ET
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© Reuters. Traders work on the floor at the NYSE in New York

NEW YORK (Reuters) - The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly earnings reports from Coca-Cola Co (N:KO) and United Technologies Corp (N:UTX).

The Dow Jones Industrial Average (DJI) rose 177.29 points, or 0.65%, to 27,349.19, the S&P 500 (SPX) gained 20.44 points, or 0.68%, to 3,005.47 and the Nasdaq Composite (IXIC) added 47.27 points, or 0.58%, to 8,251.40.

Wall Street approaches record high on earnings optimism
 

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Teeter totter
Teeter totter Jul 23, 2019 10:21AM ET
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Can't agree more.
Deepak Mehta
Deepak Mehta Jul 23, 2019 8:02AM ET
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Really what a comic show. Lower expectations and company does better than lowered physco game of frauds
Tom OKray
Tom OKray Jul 23, 2019 8:02AM ET
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Analysts rule, without them the financial markets would actually function normally.
 
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