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S&P 500 gains more than 1 percent

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NEW YORK (Reuters) – The S&P 500 rose more than 1 percent on Tuesday as stronger-than-expected earnings helped the outlook for profit growth while the Nasdaq also traded more than 1 percent higher. The Dow Jones industrial average was up 121. 55 points, or 0. 88 percent, at 14,001. 63. The Standard & Poor’s 500 Index was up 16. 25 points, or 1. 09 percent, at 1,511. 96. The Nasdaq Composite Index was up 38. 08 points, or 1. 22 percent, at 3,169. 25. (Reporting By Caroline Valetkevitch; Editing by Chizu Nomiyama)

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