Stocks rise after strong earnings from Coca-Cola and United Technologies
Tuesday, 23 July 2019 23:37 WIB | MARKET UPDATE | Standard & Poor's 500Saham AS

Stocks rose on Tuesday as investors cheered strong quarterly numbers from companies like Coca-Cola and United Technologies.

The Dow Jones Industrial Average climbed 84 points, or 0.3%. The S&P 500 and Nasdaq Composite also advanced 0.3% each.

Cardillo pointed out the S&P 500 is within striking distance of the key 3,000 level, adding that support around that level œcould set the stage for a rally that could take the index above 3,100.

Coca-Cola shares jumped more than 4% after the company posted earnings and revenue that topped analyst expectations. Coca-Cola pointed to a 4% rise in volume and transactions during the previous quarter in Coke™s namesake brand. Volume from its Zero Sugar line also grew by double digits.

Source: CNBC

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