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Bank of America, Goldman Sachs, Johnson & Johnson, and Lockheed Martin have reported strong earnings, driving Wall Street to rise on Tuesday. The upbeat earnings and signs of resilience in the U.S. economy have buoyed investor sentiment. The positive results have led to a 'relief rally' in the markets. This follows the big profits reported by major banks, although it is uncertain if this trend will continue. Earnings season is revving up with more results expected from key companies.
〽️ Wall Street advances on upbeat earnings; higher yields pressure megacaps Full Story → https://t.co/Puo4fgOSup Wall Street reversed course to rise on Tuesday as upbeat earnings and signs of resilience in the U.S. economy buoyed investor sentiment, even as a spike in Treasury… https://t.co/oMlSLuRy41 https://t.co/YHX0Uy3XRd
Earnings season revs up again with results due this morning from Bank of America, Goldman Sachs, J&J and Lockheed Martin. Click the image below to follow our live markets coverage. https://t.co/Hf1I037HpO
CNBC Daily Open: Excitement over earnings give markets a ‘relief rally’ https://t.co/ofGJr696P2
Key Earnings Reports Before the Open Tomorrow: Bank of America $BAC Bank of New York Mellon $BK Goldman Sachs $GS Johnson & Johnson $JNJ Lockheed Martin $LMT Prologis $PLD For more details, start a trial at https://t.co/H4p1RcpfIn.
CNBC Daily Open: Big banks’ big profits aren’t likely to last https://t.co/AFdppVY2aD