The Dow Jones Industrial Average DJIA, +1.09% rose firmly higher to open Tuesday trade with the lion’s share of those gains coming from two names. UnitedHealth Group Inc. UNH, +3.06% was delivering a 55-point jolt to the blue-chip average, while shares of Boeing Co. BA, +1.98% were adding about 40 points. UnitedHealth Group UNH, +3.06% lifted guidance after reporting a nearly 31% profit rise in its latest quarter. More broadly, the blue-chip benchmark was enjoying a bounce from upbeat corporate results from companies including Goldman Sachs Group Inc. GS, -1.32% which reported higher profit and revenue from a year ago, and Johnson and Johnson JNJ, -1.48% which lifted its outlook for sales after reporting results that were better than expected. Most recently, the Dow was was up 224 points, or 0.9%. at 24,795, the S&P 500 index SPX, +1.08% was gaining 0.7% at 2,697, and the Nasdaq Composite Index COMP, +1.54% advanced 1% at 7,226.
Read the full story: Dow up over 200 points as investors focus on earnings