Wall St ends up ahead of CPI; JPMorgan, financial shares gain

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U.S. stocks rose on Tuesday, helped by optimism ahead of key inflation reports and as JPMorgan and other financial shares gained before earnings reports later this week. | Reuters

that’s going to be coming in here … and expectations for the third quarter are also a concern in terms of any guidance companies might be giving onThe S&P 500 is up 15.6 percent for the year so far, with technology up 40 percent in that period.rial Average rose 317.02 points, or 0.93 percent, to 34,261.42, the S&P 500 gained 29.73 points, or 0.67 percent, to 4,439.26 and the Nasdaq Composite added 75.22 points, or 0.55 percent, to 13,760.70.payments offset a reduction in dealmaking.

Salesforce shares rose 3.9 percent after the cloud services firm said it would increase prices of some of its cloud and marketing tools, a firAlso, Amazon.com shares edged up 1.3 percent with its “Prime Day” 48-hour discount shopping event going on this week. Volume on U.S. exchanges was 9.97 billion shares, compared with the 11.1 billion average for the full session over the laAdvancing issues outnumbered declining ones on the NYSE by a 3.65-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.ed 51 new 52-week highs and 1 new low; the Nasdaq Composite recorded 91 new highs and 40 new lows.Subscribe to our daily newsletter

 

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