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Stock market news today: China's economic growth beats views

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US stocks climb on strong Chinese economic growth and upbeat earnings

US stocks were mostly higher on Tuesday on strong economic growth in China and upbeat quarterly earnings reports from big companies.

China's gross domestic product expanded by 4.5% in the first quarter, topping estimates for 4% and accelerating from the prior quarter's 2.9% growth. While the latest figure falls short of Beijing's target for 5% full-year growth, the economy is expected to pick up further as it continues to rebound after zero-COVID policies were lifted last year.

Meanwhile, Bank of America and Johnson & Johnson beat earnings views, while Goldman Sachs missed as the quarterly reporting season ramps up. Results from Netflix and United Airlines are due after the close.

 

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美国股市攀升，因中国经济强劲增长和盈利乐观

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