Stocks End Higher on Earnings Optimism

U. S. stocks rose for the fourth session in a row on Tuesday as investors bet that companies will be able to surpass the low bar that has been set for earnings season. The Dow Jones Industrial Average rose 75.65 points, or 0.50%, to 15,300.34. The S&P 500 index climbed 11.86 points, or 0.72%, to 1,652.32. The Nasdaq Composite added 19.43 points, or 0.56%, to 3,504.26.

BlackBerry Ltd is on the right path for a turnaround despite the disappointing debut of its make-or-break line of smartphones, its CEO insisted on Tuesday, allowing that the company remains open to any options that would create value for its investors.

Apple Inc and Inc have ended their lawsuit over who has the right to use the “app store” name, clearing the way for both companies to use it.

A debt-collection firm backed by JPMorgan Chase & Co. (JPM)’s private equity unit agreed to pay $3.2 million to settle a Federal Trade Commission complaint that it illegally harassed consumers.

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