Wall St ends higher on earnings optimism
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Stocks rose on Wednesday as a scarcity of profit warnings fueled optimism over the corporate reporting season, enabling the market to regain its footing after a sharp drop the previous session.
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Stocks ended higher on Monday, helped by strong results from IBM  that eased worries about the economy and sparked a rebound after last week's losses.
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Better-than-expected profit news from Merck also raised the mood on Wall Street, helping shares partly recover from a steep sell-off Friday.
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US stocks were modestly higher at mid-morning on Monday, as investors looked to the start of second quarter earnings this week with confidence.
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Leading shares closed firmer, ending near the day's peak gaining a boost in the afternoon from an early rally on Wall Street thanks to some positive earnings news, and a retreat by crude prices, dealers said.
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US stocks gained on optimism that third-quarter earnings this week from companies including Citigroup Inc. and Bank of America Corp.
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The Nasdaq composite index rose on Thursday as a reassuring profit and outlook from Oracle Corp and a higher earnings forecast from Qualcomm Inc added to optimism about technology stocks.
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London shares closed higher as Wall Street remained firm after a slew of companies reported upbeat earnings, with UK miners helping to fuel the blue chips.
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U.S. stocks broke a four-day losing  streak to end higher on Tuesday, as better-than-expected  earnings from companies like Johnson & Johnson JNJ.N and  positive consumer confidence data pleased Wall Street.
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Stocks rose on Thursday, helped by an upbeat earnings outlook and favorable news in the biotech and pharmaceutical sectors, while economic data eased worries about a possible recession.
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U.S. stocks rose on Wednesday, helped  by a run of positive company earnings as well as Tuesday's  rally, which ended a four-day run of losses.
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Wall Street was higher after a better-than-expected profit report at Research in Motion and on word that Merrill Lynch might have lined up a  cash infusion from a Singapore fund.
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Stocks dashed higher Tuesday as investors welcomed strong earnings from financial services companies, upbeat economic data and some reassuring news from the Federal Reserve.
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U.S. stocks advanced on Tuesday,  rebounding from a four-day losing streak, as earnings from  companies like Johnson & Johnson JNJ.N and positive consumer  confidence data pleased Wall Street.
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Stocks ended higher on Thursday after  a major bond insurer reassured investors about its stability,  fueling a rebound by financial shares hammered recently by the  prospect of crumbling credit markets.
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Stocks ended higher on Thursday after a major bond insurer reassured investors about its stability, fueling a rebound by financial shares hammered recently by the prospect of crumbling credit markets.