While you were sleeping: Dow climbs to record

Mon, 14 Jul 2014

By Margreet Dietz July 15 (BusinessDesk) - Wall Street rose, pushing the Dow to a record high, as better-than-expected earnings from Citigroup bolstered optimism about the outlook for corporate profit growth in the world’s largest economy. In late afternoon trading in New York, the Dow Jones Industrial Average climbed 0.73 percent, the Standard & Poor’s 500 index rose 0.51 percent, while the Nasdaq Composite Index added 0.62 percent. Gains in shares of UnitedHealth and Visa, up 2.1 and 2 percent respectively, led the advance in the Do...

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