Saturday, February 13, 2016
Current Weather
Loading Current Weather....
Published: Wednesday, 8/8/2012

Strong earnings reports push stock market up


NEW YORK-- Stronger corporate earnings reports and expectations that central banks will act to support the economy powered the stock market higher Tuesday.

The Dow Jones industrial average rose 51.09 points to 13,168.60, putting it 996 points below its all-time high of 14,164.53 reached Oct. 9, 2007. The Standard & Poor's 500 index passed 1,400 for the first time in three months, and the Nasdaq composite index had its first close above 3,000 since early May.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories