Stocks Sweep Higher on Wall Street as Profit Reports Roll In

Stocks Sweep Higher on Wall Street as Profit Reports Roll In
The New York Stock Exchange in New York, on June 29, 2022. Julia Nikhinson/AP Photo
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The stock market had its best day in more than three weeks Tuesday as more companies reported how much profit they made during the spring.

The S&P 500 climbed 2.8 percent after a powerful tide carried 99 percent of the stocks in the index higher. The Dow Jones Industrial Average rose 2.4 percent and the Nasdaq composite roared 3.1 percent higher.