EPIC US MARKETS UPDATE
The S&P 500 companies having reported quarterly results, 53.8 percent have beaten earnings expectations, according to Thomson Reuters data, below the 63 percent historical average. About 62 percent have beaten on revenue, above the long-term 55 percent average.
The Dow Jones industrial average rose 115.92 points or 0.71 percent, to 16,373.86, the S&P 500 gained 19.68 points or 1.08 percent, to 1,838.88, and the Nasdaq Composite added 69.71 points, or 1.69 percent, to 4,183.01.