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Stocks surge as earnings season revs up

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If you are struggling with finances during the pandemic, these tips may be helpful. NEW YORK - U.S. equity markets rallied Tuesday as earnings season kicked into high gear and the Federal Reserve started a two-day policy meeting.

The Dow Jones Industrial Average gained 374 points, or 1.55 percent, while the S&P 500 and Nasdaq Composite rose 1.47 percent and 1.14 percent, respectively. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The early gains came as four Dow components – 3M, Caterpillar, Merck and Pfizer – released their quarterly results.

3M beat on both the top and bottom lines as strong demand for N95 respirator masks boosted results in the company’s personal safety unit.

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