wall street stocks finished a buoyant session solidly higher tuesday on hopes of a good earnings season following the upbeat tone of the companies that have reported so far the dow jones industrial average concluded the day at 3182705 up 24 percent or more than 750 points the broadbased sp 500 gained 28 percent to 393669 while the techrich nasdaq composite index jumped 31 percent to 1171315 so far weve heard good earnings from the banks and the financials said jack ablin chief investment officer of cresset asset management we have to hear from other sectors before we make a conclusion but the results weve seen so far are impressive us housing data showed a two percent drop in new home construction projects started in june while some of the large companies reporting results tuesday fell after their releases but the tone from several of the companies reporting results has been better than feared with executives describing consumers as still in good shape despite inflation investors have also greeted a pullback in the dollar as well as an investor survey showing elevated bearishness towards equities following the big retreat in stocks in 2022 the survey by bank of america revealed exceptionally low stock holdings which spurred a contrarianminded rally effort said briefingcom as the market has trended higher most stocks have gone along for the ride briefing said all 11 sp 500 sectors were in positive territory among individual companies boeing surged 57 percent as it announced a fresh order of up to 66 737 max aircraft from investment fund 777 partners a day after announcing an even bigger order from delta also for the max halliburton rose 25 percent as it reported a 37 percent jump in revenues to 51 billion following heavy investment by petroleum producers in the wake of rising commodity prices ibm however fell 53 percent after the company reported earnings that topped estimates but warned of a heavy drag from the strong dollar on its sales outlook