Wall Street climbs as earnings optimism overshadows rising yields – Reuters

Wall Street climbs as earnings optimism overshadows rising yields – Reuters

April 19 (Reuters) - U.S. stocks rose on Tuesday even in the face of surging Treasury yields as a positive earnings reports helped investors shrug off potential risks from an aggressive rise in U.S. interest rates and the Ukraine war.

Johnson & Johnson (JNJ.N) rose 2.8% to a record high as the drugmaker's quarterly profit exceeded market expectations and it raised the dividend payout. read more

Halliburton Co (HAL.N) gained 1.5% after the oilfield services firm posted an 85% rise in first-quarter adjusted profit, as a rally in crude prices boosted demand for its services and equipment. read more