U.S. stocks open higher, lifted by upbeat earnings
Wednesday, 23 January 2019 21:45 WIB | MARKET UPDATE |DOW JONESS & P 500 Standard & Poor's 500Saham ASNasdaq

U.S. stocks opened higher Wednesday, taking back a chunk of the previous day's decline, as investors cheered upbeat earnings as fourth-quarter corporate results continue to roll in.

The S&P 500 rose 0.5% to 2,645.39, the Nasdaq Composite gained 38 points, or 0.5%, to 7,058, while the Dow Jones Industrial Average advanced 222 points, or 0.9%, to 24,626.

International Business Machines led Dow gainers, jumping 6.5% after its earnings and outlook topped expectations.

Dow components Procter & Gamble Co., up 6.4%, and United Technologies up 6.1%, were also on the rise after earnings.

Source: Marketwatch

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