Finance

Dow rises slightly as Goldman shares gain on earnings

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Stocks opened slightly higher on Wednesday as traders pored through another batch of corporate earnings and looked for clues on further coronavirus aid.

The Dow Jones Industrial Average traded 47 points higher, or 0.2%. The S&P 500 gained 0.1% and the Nasdaq Composite advanced 0.2%.

Goldman Sachs shares popped more than 1% after the bank reported quarterly earnings that were much better than expected. The company’s results were driven in large part by strong bond-trading revenue. UnitedHealth reported better-than-expected earnings and revenue for the previous quarter, but the stock fell more than 2$.

Bank of America’s earnings topped analyst expectations but the bank’s revenue missed the…



Source cnbc.com

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