Stocks Move Higher As More Earnings Roll In

NewsOK.com RSS - business, Daily Oklahoman: Business
Tue, 04/22/2014 - 8:52am

NEW YORK (AP) — Stocks are moving higher as more U.S. companies report solid earnings. Netflix rose 6 percent after the online video streaming service said its first-quarter earnings soared. Botox maker Allergan surged 15 percent after Valeant Pharmaceuticals said it has teamed up with activist investor Bill Ackman to make a bid for the company. The market is headed for its sixth gain in a row, which would be the longest winning streak since September. The Standard & Poor's 500 index rose nine points, or 0.5 percent, to 1,880 as of noon Tuesday. The Dow Jones industrial average rose 88 points, or 0.5 percent, to 16,537.Read more on NewsOK.com

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