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4/23, 9:10 PM (Source: TeleTrader)
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Nasdaq jumps 100 pts amid strong earnings

US stock markets moved sharply up during intraday trading on Tuesday as the Nasdaq 100 soared over 100 points, while the S&P 500 rallied toward a record close. The sentiment among traders was bolstered by strong earnings results from Twitter, which reported revenue of $787 million in the first quarter of 2019, Coca-Cola, whose revenue rose 5% to reach $8.02 billion and Verizon, as the company announced its revenue reached $32.1 billion in the first trimester of 2019.

The Dow Jones Industrial Average added 0.52%, helped by Merck and Co Inc.'s shares gaining 2.30% at 3:08 pm ET.

The Nasdaq 100 rose over 100 points or 1.31% as Hasbro Inc. and Qualcomm soared 14.88% and 6.47%, respectively, at the same time.

Meanwhile, the S&P 500 advanced 0.90% as Twitter skyrocketed 16.44%.

The euro lost 0.36% against the US dollar, to go for $1.1216 at 3:09 pm ET.

Breaking the News / GG