US STOCKS-Wall Street advances on earnings optimism, dovish rate rise remarks ...Middle East

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US STOCKS-Wall Street advances on earnings optimism, dovish rate rise remarks
source : Devdiscourse ( Middle East ) () 28
The three main Wall Street benchmarks had their best days in over a month on Tuesday, with the Nasdaq closing up 2.2%, as investors responded to positive earnings and dovish comments from two U.S. Federal Reserve officials on interest rate rises. Johnson & Johnson advanced 3.1% to a second record close in three sessions, as the drugmaker's quarterly profit exceeded market expectations and it raised its dividend payout.

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