S&P 500 posts best two-day advance in a month

By Staff Reporter | Oct 16, 2012 04:22 PM EDT

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Stocks rose on Tuesday, giving the S&P 500 its best two-day advance in a month as strong earnings from Johnson & Johnson and other bellwether companies raised hopes for the rest of the U.S. reporting season.

The Dow Jones industrial average .DJI shot up 127.55 points, or 0.95 percent, to end unofficially at 13,551.78. The Standard & Poor's 500 Index .SPX gained 14.79 points, or 1.03 percent, to close unofficially at 1,454.92. The Nasdaq Composite Index .IXIC rose 36.99 points, or 1.21 percent, to finish unofficially at 3,101.17.

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