Wall St. rises on earnings optimism, lira rebound

Traders work on the floor of the NYSE in New York
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid

August 14, 2018

(Reuters) – Wall Street’s three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears.

The S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks with broadbased gains across industry groups.

The Dow Jones Industrial Average <.DJI> rose 112.22 points, or 0.45 percent, to 25,299.92, the S&P 500 <.SPX> gained 18.03 points, or 0.64 percent, to 2,839.96 and the Nasdaq Composite <.IXIC> added 51.19 points, or 0.65 percent, to 7,870.89.

(Reporting by Stephen Culp; Editing by Susan Thomas)

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