While you were sleeping: JPMorgan boosts mood

Thu, 14 Jul 2016

By Margreet Dietz July 15 (BusinessDesk) - US equities climbed, lifting the S&P 500 to a new record, after better-than-expected quarterly results from JPMorgan Chase bolstered the mood at the start of a fresh earnings season. In 2.38pm trading in New York, the Dow Jones Industrial Average climbed 0.7 percent, while the Nasdaq Composite Index gained 0.5 percent. In 2.23pm trading, the Standard & Poor’s 500 Index added 0.5 percent. Earlier in the session the S&P 500 climbed to a record 2,168.99. Gains in shares of Goldman Sachs and those...

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