Dow closes up more than 300 points as strong earnings boost stocks in choppy market

By Around the Web

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(CNBC) — Stocks rose for a second straight session on Tuesday as strong corporate earnings reports helped extend a rally to start the week.

The Dow Jones Industrial Average gained 337.98 points, or 1.12%, to close at 30,523.80. The S&P 500 climbed 1.14% to 3,719.98. The Nasdaq Composite add 0.90%, finishing at 10,772.40. Those gains built on a bigger upside move from Monday, which saw the Nasdaq rise more than 3% for its best day since July.

Goldman Sachs rose 2.3% to boost the Dow after strong trading results helped the investment bank beat expectations for earnings and revenue. That report continued a strong stretch of bank earnings, including beats from Bank of America and Bank of New York Mellon on Monday, and the financial sector as a whole outperformed on Tuesday.

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