Wall St gains on strong earnings

By @ibtimes on

U.S. stocks jumped at the open on Wednesday, with major indexes up more than 1 percent as a raft of solid earnings and outlooks bolstered optimism about the economic recovery.

The Dow Jones industrial average <.DJI> was up 153.72 points, or 1.25 percent, at 12,420.47. The Standard & Poor's 500 Index <.SPX> was up 15.75 points, or 1.20 percent, at 1,328.37. The Nasdaq Composite Index <.IXIC> was up 49.54 points, or 1.80 percent, at 2,794.51.

(Reporting by Angela Moon, Editing by Kenneth Barry)

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