Wall Street climbs on Alcoa report

By AFP

US stocks have opened higher following a solid earnings report from Alcoa and ahead of the release of minutes from the latest Federal Reserve monetary policy meeting.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Alcoa unofficially kicked off second-quarter earnings season after markets closed on Tuesday with profits of $US138 million ($A149m), up from a loss of $US119m a year ago.

Read more here: Business Spectator

    

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