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US Stocks Gain on Earnings


U.S. stocks rose the most in two weeks as better-than-forecast profits from Intel Corp., JPMorgan Chase & Co. and Wells Fargo & Co. eased concern that the slowing economy is dragging down earnings. The S&P 500 Index added 30.28, or 2.3 percent, to 1,364.71. The Dow Jones Industrial Average rallied 256.8, or 2.1 percent, to 12,619.27. The Nasdaq Composite Index increased 64.07, or 2.8 percent, to 2,350.11.

(Bloomberg)



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