published on February 5, 2019 - 1:31 PM
Written by Associated Press

(AP) – The latest on developments in financial markets (all times local):

4 p.m.
Stocks are closing broadly higher on Wall Street as strong earnings reports from several U.S. companies put investors in a buying mood.

Estee Lauder jumped 11.6 percent and Ralph Lauren climbed 8.4 percent Tuesday. Both reported earnings that came in well ahead of what analysts were expecting.

Viacom, an entertainment company that owns Comedy Central and Paramount Pictures, rose 3 percent after reporting results that also beat analysts’ estimates.

The S&P 500 index rose 12 points, or 0.5 percent, to 2,737.

The Dow Jones Industrial Average climbed 172 points, or 0.7 percent, at 25,411. The Nasdaq added 54 points, or 0.7 percent, to 7,402.

Bond prices rose. The yield on the 10-year Treasury fell to 2.70 percent.

11:45 a.m.
Stocks are moving broadly higher in midday trading on Wall Street as investors welcomed some strong earnings reports from U.S. companies.

Estee Lauder jumped 12.2 percent and Ralph Lauren climbed 7.9 percent Tuesday. Both reported earnings that came in well ahead of what analysts were expecting.

Viacom, an entertainment company that owns Comedy Central and Paramount Pictures, rose 3.6 percent after reporting earnings that also beat analysts’ estimates.

The S&P 500 index rose 8 points, or 0.3 percent, to 2,733.

The Dow Jones Industrial Average climbed 146 points, or 0.6 percent, at 25,389. The Nasdaq added 44 points, or 0.6 percent, to 7,391.

Bond prices rose. The yield on the 10-year Treasury fell to 2.70 percent.

9:35 a.m.
Stocks are opening higher on Wall Street as investors welcomed some strong earnings reports from U.S. companies.

Estee Lauder jumped 11.3 percent and Ralph Lauren climbed 10.2 percent in the first few minutes of trading Tuesday. Both reported earnings that came in well ahead of what analysts were expecting.

Health insurer Centene rose 4.4 percent after reporting strong growth in membership.

The S&P 500 index rose 7 points, or 0.2 percent, to 2,731.

The Dow Jones Industrial Average climbed 104 points, or 0.4 percent, at 25,343. The Nasdaq added 34 points, or 0.5 percent, to 7,382.

Bond prices rose. The yield on the 10-year Treasury fell to 2.71 percent.


e-Newsletter Signup

Our weekly poll

Would you be more willing to support a business if it publicly supports the Black Lives Matter movement?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $69 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY