Stocks Gain on Earnings; Fake Tweet Rattles Market

By: Associated Press Email
By: Associated Press Email

The stock market climbed Tuesday following strong earnings across a range of U.S. industries.

Coach, Lockheed Martin, DuPont and Travelers all rose after they reported results that were better than analysts expected.

Markets swooned briefly, then quickly recovered, shortly after 1 p.m. when The Associated Press' Twitter account was hacked and a fake tweet was posted about an attack at the White House.

Major indexes rose about 1 percent.

The Dow Jones industrial average increased 152 points to 14,719.

The Standard & Poor's 500 index rose 16 points to 1,578 and the Nasdaq composite rose 35 points to 3,269.

The gains were broad. Four stocks rose for every one that fell on the New York Stock Exchange. Volume was average at 3.5 billion shares.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 204372441 - kbtx.com/a?a=204372441