profits revenue: Read An earnings valley' means trouble ahead for stocks, strategist warns What drove the market Investors are laser-focused on fourth quarter results and closely monitoring what corporate executives are saying about the outlook for profits and revenue in 2019, according to Market Watch. Earnings reports have been largely well received by investors, starting with International Business Machines Corp. How did the benchmarks fare The Dow Jones Industrial Average DJIA, -0.09% gained 171.14 points, or 0.7%, to 24,575.62, while the S&P 500 index SPX, 0.14% rose 5.8 points, or 0.2%, to 2,638.70 and the Nasdaq Composite COMP, 0.68% climbed 5.41 points to 7,025.77. IBM, -0.27% after the management issued a bullish outlook for profits. See Frustrated investors say Trump administration overly sensitive to stock-market gyrations Also read Wall Street worries about China slowdown complicate Trump's get-tough trade strategy Meanwhile, the Senate was poised to vote Thursday on dueling proposals to reopen the government. On the trade front, Reuters reported that President Donald Trump won't agree to any deal with China unless Beijing agrees to make substantive changes to the way it does business, including how it handles intellectual property.
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