Earnings at Apple and DuPont lift U.S. stocks

11:51 am ET Oct 23, 2007

DJIA

13,585

+18.62

S&P

1,508

+2.50

NASDAQ

2,769

+15.71

10Yr

4.41%

+0.020

Earnings at Apple and DuPont lift U.S. stocks

NEW YORK
U.S. stocks climbed on Tuesday, with investor enthusiasm buoyed as Apple
Inc. and blue-chip DuPont Co. reported quarterly profits that topped
expectations, offsetting worries about consumer spending and the economy
at large.

Apple surges to new highs following strong earnings report

Apple hits new highs after strong earnings

DuPont profit helped along by overseas growth, lower fixed costs

NEW YORK
The world's second-largest chemical maker, DuPont Co., said Tuesday its
third-quarter earnings rose 8.5% on the back of strong international
growth, lower fixed costs and improved productivity, resulting in the
firm lifting the top end of its earnings forecast for the year.

Target lowers October sales forecast; analysts trim estimates

NEW YORK
Target Corp.'s weaker October sales forecast prompted analysts Tuesday
to trim their per-share estimates on the discount retailer.

Paulson keeps up pressure on China over yuan

WASHINGTON
Treasury Secretary Henry Paulson reiterated that China should let its
currency strengthen on Tuesday, following weekend meetings during which
the world's seven richest nations stepped up their pressure on Beijing
over the yuan.