A global gauge of stocks climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to enact a bigger rate hike than expected this week.
Stocks on Wall Street advanced in broad rally, joining their European counterparts, with each of the 11 major S&P sectors climbing as the U.S. corporate earnings season heats up
Johnson & Johnson (JNJ.N) shares gained 0.20% after posting results that beat expectations but cut its full-year outlook, citing a stronger dollar. read more
"Johnson & Johnson came out and beat on all the lines today, so we are getting in the middle of this earnings season, some reports that suggest things are OK," said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.
