U.S. stocks rose Tuesday as investors welcomed better-than-expected quarterly results and as inflation data matched forecasts. Before the open, Goldman Sachs Group Inc. reported results that exceeded profit and revenue expectations, following strong results from Netflix Inc. after Monday’s close. Healthy earnings may help alleviate concerns about what many on Wall Street have described as lofty valuations for equities, despite a string of lackluster quarterly results. The Dow Jones Industrial Average rose 121, or 0.7%, at 18,204, the S&P 500 index climbed 16 points, or 0.8%, at 2,143, while the Nasdaq Composite Index advanced 52 points, or 1%, at 5,252. A reading of consumer prices, the consumer price index, was in line with estimates, up 0.3% last month, the government reported Tuesday. Meanwhile oil traded above $50 a barrel, providing an added lift to market sentiment, specifically the energy sector.
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