Wall Street gains after strong earnings from blue-chips
Updated : October 16, 2018 07:49 PM IST
Shares of Morgan Stanley rose 2.5 percent and Goldman Sachs 0.9 percent after the two lenders wrapped up earnings from the top six US banks with better-than-expected quarterly profits, driven in part by higher equities trading revenue.
UnitedHealth gained 3.3 percent and lifted the healthcare sector after the health insurer beat estimates for quarterly profit and boosted earnings forecast for the year as it added more members to its health plans.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more