Dow Jones Charges Higher After IBM and Coca-Cola Report Earnings
The Dow Jones Industrial Average (DJINDICES: ^DJI) was leading the charge on Tuesday, up about 1.1% at 12:40 p.m. EDT and outperforming both the S&P 500 and the Nasdaq Composite by wide margins. While the number of confirmed cases of COVID-19 in the U.S. has dipped in recent days, the numbers remain elevated compared to the previous peak in April.
Shares of International Business Machines (NYSE: IBM) and Coca-Cola (NYSE: KO) rose on Tuesday following earnings reports from both companies. IBM beat estimates across the board, while Coca-Cola was only able to muster mixed results.
Image source: IBM.
Source Fool.com
