Wall Street advances on upbeat earnings, Brexit deal

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Wall Street rose on Thursday, with the S&P 500 and Nasdaq indexes near one-month highs on upbeat earnings from Netflix and Morgan Stanley, while ...

REUTERS: Wall Street rose on Thursday, with the S&P 500 and Nasdaq indexes near one-month highs on upbeat earnings from Netflix and Morgan Stanley, while investors cheered Britain's preliminary last-minute deal with the European Union.

Supporting sentiment was White House economic adviser Larry Kudlow's comments that he sees momentum to finalize the initial phase of a U.S.-China trade deal outlined last week, adding it may be signed at the APEC forum next month. Of the 63 S&P 500 companies to have posted quarterly results so far, 82.5per cent have beaten estimates.

 

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