While you were sleeping: Wall St gains on solid earnings

Thu, 15 Feb 2018

By Margreet Dietz Feb. 16 (BusinessDesk) - Wall Street climbed as investors focused on upbeat corporate earnings such as from Cisco Systems. In 1.35pm trading in New York, the Dow Jones Industrial Average climbed 0.6 percent, while the Nasdaq Composite Index gained 1 percent. In 1.20pm trading, the Standard & Poor’s 500 Index advanced 0.8 percent. “The momentum is being fuelled by the realisation that earnings season continues to be the best we’ve had since 2009,” Peter Kenny, senior market strategist at Global Markets Advisory Group,...

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