US STOCKS-Wall St rallies as strong earnings reports boost optimism

martes 18 de octubre de 2016 11:34 GYT
 

* Netflix surges 18 pct on strong subscriber growth

* UnitedHealth up on upbeat forecast, boosts health stocks

* CPI notches biggest gain in five months in September

* Indexes up: Dow 0.43 pct, S&P 0.62 pct, Nasdaq 1 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 18 (Reuters) - The S&P and the Nasdaq were on track for their best day this month on Tuesday as a slew of market-beating results from marquee companies boosted optimism about Corporate America's health.

The spotlight was on the healthcare sector, which rose 1.04 percent, the most in more than one month, after UnitedHealth's upbeat forecast. UnitedHealth rose 6.3 percent and boosted its fellow health insurers.

Netflix, which dragged on the market on Monday ahead of its results, was the biggest gainer on the S&P 500 on Tuesday, rising nearly 19 percent after posting much higher-than-expected subscriber growth.

Goldman Sachs rose 2.2 percent, lifting shares of other banks, after the company's results blew past Wall Street estimates, mirroring results at its Wall Street peers.   Continuación...