Debt plan and profits boost US stocks

Strong profits and a bipartisan plan to lift the US debt limit have driven a stock market rebound on Wall Street.

Tue, 19 Jul, 2011 - 23:10

Strong profits and a bipartisan plan to lift the US debt limit have driven a stock market rebound on Wall Street.

Stock indexes rose after Coca-Cola, IBM and other companies reported better second-quarter earnings.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPlace: BostonPlace: WashingtonPlace: EuropePlace: ClevelandPerson: President Barack ObamaPerson: Ben BernankePerson: BernankeOrganisation: Coca-ColaOrganisation: IBMOrganisation: DowOrganisation: LPL FinancialOrganisation: POrganisation: NasdaqOrganisation: AppleOrganisation: KeyCorpOrganisation: Harley-DavidsonOrganisation: LennarOrganisation: Wells Fargo & CoOrganisation: Bank of AmericaOrganisation: Goldman Sachs GroupOrganisation: Treasury DepartmentOrganisation: US governmentOrganisation: Federal ReserveOrganisation: New York Stock Exchange
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