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US stocks surge on upbeat earnings and forecasts

Stocks staged their biggest rally in two weeks tonight as earnings and economic reports reassured investors that the economy is continuing its recovery.

US stocks surge on upbeat earnings and forecasts

Thu, 22 Jul, 2010 - 23:08

Stocks staged their biggest rally in two weeks tonight as earnings and economic reports reassured investors that the economy is continuing its recovery.

The Dow Jones industrial average rose 201 points after strong earnings from Caterpillar, UPS and other companies revived investors’ optimism about the recovery.

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