Stocks – Wall Street Gains on Strong Q3 Earnings 

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Investing.com – Wall Street was higher on Tuesday after robust third-quarter earnings from JPMorgan Chase (NYSE:), UnitedHealth (NYSE:) and Johnson & Johnson (NYSE:).

The rose 135 points or 0.5% by 9:52 AM ET (13:52 GMT), while the S&P 500 was up 14 points or 0.5% and the gained 40 points or 0.5%.

Shares of UnitedHealth (NYSE:) and Johnson & Johnson (NYSE:) were up 5.7% and 2.1% after the healthcare companies raised their yearly forecasts on the back of better-than-expected earnings for the quarter.

JPMorgan (NYSE:) gained 2.2% after reporting strong earnings and record revenue, due to strength in the bank’s bond trading and underwriting businesses, as well as its credit card business. Blackrock (NYSE:) was up 0.9% after posting a quarterly profit of $7.15 per share, as investors focused on heavy asset inflows rather than a modest decline in profit from a year earlier.

However Goldman Sachs (NYSE:) slumped 3% after posting earnings per share of $4.79, below consensus forecasts. Wells Fargo (NYSE:) inched up 0.4% after a largely-anticipated profit slump caused by legal costs, while Charles Schwab (NYSE:) gained 3.6% after reporting third-quarter earnings above forecasts and a record increase in net new assets.

In commodities, the , which measures the greenback against a basket of six major currencies, was up 0.1% to 98.343 and tumbled 0.4% to $1,491.45 a troy ounce. slumped 0.7% to $53.23 a barrel.

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