U.S. Stocks Edge Up on Strong Earnings from Goldman Sachs, Coca-Cola

IBTimes 2012-10-16

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Wall Street edged higher on Tuesday after the latest quarterly earnings and outlooks posted by Goldman Sachs, Coca-Cola and others outweighed investor fears about the sluggish global economy.


Global shares and the euro hit their highest marks in over a week, lifted by returning confidence in Germany's economy, positive U.S. earnings and hopes Europe can advance plans to tackle Spain and Greece's debts later this week.

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