Wall Street jumps 1pc, S&P ends above key level
October 30, 2014 00:00:00
NEW YORK, Oct 29 (Reuters): US stocks rose more than 1 per cent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America.
The gains were broad, with all 10 primary S&P 500 sectors up on the day. Energy stocks were the day's biggest gainers, up 2.2 per cent, while the Philadelphia SE Oil Service index gained 3.4 per cent.
