clear
Tuesday July 26th, 2016 6:18AM

Stronger earnings from Google, others drive stocks; Dow up 123

By The Associated Press
NEW YORK (AP) -- Earnings gains from Google, Honeywell and other big U.S. companies drive the stock market to a higher close, wiping out much of its loss from the day before.<br /> <br /> The Dow Jones industrial average rose 123 points, or 0.7 percent, to 17,097 Friday.<br /> <br /> The Standard & Poor's 500 index rose 20 points, or 1 percent, to 1,978. The Nasdaq composite rose 68 points, or 1.6 percent, to 4,432.<br /> <br /> Markets recovered a day after being rattled by the downing of a passenger jet over eastern Ukraine and Israel's launch of a ground offensive into Gaza.<br /> <br /> Honeywell International rose 2 percent after reporting that its income rose sharply in the latest quarter. Google rose 4 after reporting its results.<br /> <br /> Bond prices fell. The yield on the 10-year Treasury note rose to 2.48 percent.
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.