Wall Street gains after strong start to earnings season
By Arjun Panchadar and Sagarika Jaisinghani (Reuters) - Wall Street rose 1% on Tuesday as strong earnings from JPMorgan, UnitedHealth and Johnson & Johnson allayed concerns about the fallout from a prolonged U.S.-China trade war on Corporate America. All three major stock indexes hit three-week highs after quarterly results from some of the largest U.S. banks showed strong consumer confidence in the face of recession fears that had led businesses to pull back on spending.
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