Earnings gains at UnitedHealth others drive US stocks broadly higher eBay and

by The Associated Press Posted Jul 18, 2013 12:00 pm MDT Earnings gains at UnitedHealth, others drive US stocks broadly higher; eBay and Intel lag AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – Solid earnings gains at major U.S. companies are driving stocks higher in midday trading on Wall Street.The advance put the Dow Jones industrial average and the Standard & Poor’s 500 index back into record territory.The Dow was up 106 points, or 0.7 per cent, at 15,576 at noon (1600 GMT) Thursday. The gains were led by IBM and UnitedHealth.The S&P 500 was up 10 points, or 0.6 per cent, at 1,691.The Nasdaq composite rose nine points, or 0.2 per cent, to 3,619. The technology-focused index was held back by declines in Intel and eBay, which reported disappointing results late Wednesday.Financial stocks were among the gainers. Morgan Stanley rose 5 per cent to $27.89 after reporting a surge in revenue from investment banking and wealth management.


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