TELETRADER News
10/19, 3:30 PM (Source: TeleTrader)
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US opens higher amid earnings releases

Major stock markets in the United States opened higher on Tuesday after Johnson and Johnson (J&J), Halliburton Company, the Procter & Gamble Company (P&G), and Philip Morris International Inc. all reported annual rises in their quarterly revenues. Netflix Inc. and United Airlines are also going to release their earnings reports later in the day.

The Dow Jones Industrial Average opened 0.34% or 118 points higher as The Travelers Companies Inc. advanced by 2.56%. The Nasdaq 100 grew by 0.31%, with Pinduoduo Inc. expanding by 2.61%. The S&P 500 increased by 0.32% as Dover Corporation gained 3.42%.

The euro rose by 0.29% against the dollar to sell for $1.16443 at 9:28 am ET.

Breaking the News / JR