(Reuters) - NEW YORK, July 11 - U.S. stocks rose on
Wednesday as a scarcity of profit warnings fueled optimism
over the corporate reporting season, enabling the market to
regain its footing after a sharp drop the previous session.
Shares of fast-food company Yum Brands , which
jumped 4.9 percent during the regular session, extended gains
after the close when it reported higher quarterly earnings and
raised its profit forecast for the year. For details, see
[ID:nN11308331]
Read more at Reuters.com Bonds News
Wednesday as a scarcity of profit warnings fueled optimism
over the corporate reporting season, enabling the market to
regain its footing after a sharp drop the previous session.
Shares of fast-food company Yum Brands , which
jumped 4.9 percent during the regular session, extended gains
after the close when it reported higher quarterly earnings and
raised its profit forecast for the year. For details, see
[ID:nN11308331]
Read more at Reuters.com Bonds News
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