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US Stocks rally amid earnings; waiting for the Fed

FXStreet (San Francisco) - Wall Street rallied on Tuesday as investors welcomed upbeat earnings reports and good US consumer confidence report. The Dow Jones closed above the 17,000 while the Nasdaq rose for fourth day in a row.

Gold was shaken in between 1,235 and 1,222 before closing the day positive at 1,228. WTI oil traded sideways while remaining above the $81.00.

The Dow Jones jumped 187.81 points or 1.12% to finish the day at 17,005.75; the S&P 500 advanced 23.42 pts or 1.19% to close the session at 1,985.05; while the Nasdaq Composite added 78.36 pts or 1.75% to its index before closing at 4,564.29.

After hours, Facebook published an upbeat quarterly reports as the social media giant reported Q3 EPS $0.43 Adj. vs. $0.40 estimated; Q3 Revs. $3.20B vs. $3.12B expected.

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