US: Stocks rally on earnings, trade talks report

[NEW YORK] Wall Street stocks rallied on Tuesday following a batch of mostly good earnings and as reports that face-to-face US-China talks will be held next week lifted hopes of a trade agreement.

Analysts also pointed to news reports that US Trade Representative Robert Lighthizer will lead a delegation to China next week to resume negotiations. Analysts say expectations the Federal Reserve will cut interest rates also are boosting stocks, while worries about a"hard" Brexit under newly-picked Prime Minister Boris Johnson was seen as a possible headwind.

Among individual companies, Dow member Coca-Cola shot up 6.1 per cent as it lifted key 2019 financial projections, amid especially strong North American results.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks rally on earnings, trade talks reportNEW YORK: Wall Street stocks rallied on Tuesday (Jul 23) following a batch of mostly good earnings and as reports that face-to-face US-China talks ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tech leads as US stocks rise at start of big earnings weekNEW YORK: The Nasdaq rallied on Monday (Jul 22), with large technology shares gaining ahead of earnings reports and semiconductor stocks surging ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Tech leads as stocks rise at start of big earnings week[NEW YORK] The Nasdaq rallied on Monday, with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Easing hopes prop up global stocks, pound sags as Britain eyes new PMExpectations of policy easing by major central banks such as the Federal Reserve propped up global stocks on Tuesday, while the pound sagged as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »