Stocks moved sharply higher over the course of the trading day on Tuesday, extending the recovery from the sell-off seen in recent weeks. The Nasdaq and the S&P 500 closed higher for the fourth consecutive session but remain well off their mid-September highs.
Despite indications that the spread of Ebola inside the U.S. has been contained, the results of a new Gallup poll show the deadly disease had made its debut on a list of the top 10 most important problems facing the country.
U.S. crude oil ended higher on Tuesday, ahead of the weekly U.S. inventory data amid continued worries over excess supply globally, even as lingering concerns over the health of the global economy remained.
Oil found some support after data showed China's gross domestic product to have risen more...
In another hotly contested Senate race, the results of a new Suffolk University/Boston Herald poll show incumbent Sen. Jeanne Shaheen, D-N.H., clinging to a narrow lead over Republican challenger Scott Brown.
Gold futures ended higher for a second straight session on Tuesday, as investors continued to lean on the safe haven of the precious metal on lingering concerns over the health of the global economy after China reported a soft third-quarter gross domestic product growth.
Investors continued to speculate...
After moving notably higher in early trading on Tuesday, stocks have seen some further upside over the course of the trading session. The gains on the day are extending a recent upward trend by the markets, with the major averages climbing well off last week's lows.
With just two weeks left before Election Day, the Kansas Senate race between Republican Sen. Pat Roberts, R-Kan., and independent candidate Greg Orman seems likely to come down to the wire. The results of a new Monmouth University Poll showed that the race between Roberts and Orman is tied among likely Kansas voters.
Existing home sales in the U.S. increased by more than anticipated in the month of September, according to a report released by the National Association of Realtors on Tuesday, with sales bouncing back to their highest level in a year.
Canada's second-largest railroad operator Canadian Pacific Railway Ltd. on Tuesday reported a 23 percent increase in profit for the third quarter from last year, reflecting growth in freight revenue on higher grain and crude oil shipments. However, revenue for the quarter missed analysts' expectations.
Stocks have moved mostly higher in early trading on Tuesday, extending the upward trend seen over the past few sessions. The major averages have all climbed firmly into positive territory, bouncing further off last week's lows.
Telecom giant Verizon Communications Inc. Tuesday reported a rise in the third-quarter profit, as revenues grew more than 4 percent, with strong customer additions. Earnings per share missed analysts' estimates, while revenues came slightly above view.
Fast food giant McDonald's Corp. on Tuesday reported a 30 percent decline in profit for the third quarter from last year, reflecting lower revenues amid negative guest traffic in all major segments and the impact of a supplier issue in China. Both revenue and earnings per share for the quarter missed analysts' estimates.
Beverages giant Coca-Cola Co. reported Tuesday a profit for the third quarter that decreased 14 percent from last year, despite higher worldwide volumes, reflecting a revenue drop. Adjusted earnings per share matched analysts' expectations, even as quarterly revenues missed their estimates. Following the announcement, the company's shares are trading more than five percent lower in early deals.
Healthcare products maker Kimberly-Clark Corp. (KMB) Tuesday reported third-quarter results that topped estimates. Further, the company reduced its earnings outlook for the year, assuming the spin-off of its health care business occurs at the end of October.
After ending the previous session notably higher, stocks are likely to see some further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 60 points.