S&P 500 posts longest win streak in nearly 6 weeks
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks gained Tuesday, with the S&P 500 index posting its longest win streak in nearly six weeks, as Wall Street embraced quarterly results from corporations including insurer and Dow component Travelers Cos. Inc. . "We're right in the middle of the thick of earnings season, and materials actually came out and beat expectations, which could mean the economy is stronger than we realized," said Randy Frederick, managing director of active trading and derivatives at the Schwab Center for Financial Research. The Dow Jones Industrial Average added 62.43 points, or 0.5%, to 13,712.13. The S&P 500 index climbed 6.58 points, or 0.4%, to 1,492.56. The Nasdaq Composite advanced 8.47 points, or 0.3%, to 3,143.17.