US STOCKS-Wall St gains on earnings, data; conflicts still eyed

martes 22 de julio de 2014 16:54 GYT

* S&P 500 hits intraday record

* Chipotle rallies a day after results, Netflix slides

* Inflation data expected to keep Fed on track

* Dow up 0.4 pct; S&P 500 up 0.5 pct; Nasdaq up 0.7 pct (Updates to close)

By Ryan Vlastelica

NEW YORK, July 22 (Reuters) - U.S. stocks rose on Tuesday as some positive earnings and economic data pointed to a market that still had room to rise despite the S&P 500 hitting an intraday record.

Investors continued to pay close attention to unstable regions abroad, and while violence persisted in the Gaza Strip, hopes rose for an easing of tension in Ukraine.

Verizon Communications Inc rose 0.6 percent to $50.98 after the company reported revenue that topped expectations. Chipotle Mexican Grill was the S&P 500's biggest percentage gainer, up 11.8 percent at $659.77 a day after the burrito chain reported a steep jump in profit.

Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed. However, on Tuesday, Netflix shares fell 4.6 percent to $431.09 as the company's plans to expand in Europe were seen as eroding profits.   Continuación...