While you were sleeping: UPS, Pfizer deliver results

Tue, 28 Jul 2015

By Margreet Dietz July 29 (BusinessDesk) - Wall Street climbed on better-than-expected corporate earnings including from United Parcel Service and Pfizer, while the latest economic reports suggested the US Federal Reserve might hold off an interest rate hike longer than expected. In late afternoon trading in New York, the Dow Jones Industrial Average gained 1.1 percent, the Standard & Poor’s 500 Index climbed 1.2 percent, while the Nasdaq Composite Index rose 0.9 percent. Gains in shares of Exxon Mobil and those of Chevron, up 4 percen...

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